Word: thompson
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Dates: during 1960-1969
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...BRYCE THOMPSON IV Princeton...
...control conglomerates wield over their crazy-quilt acquisitions varies widely. Many of the leading ones keep their headquarters remarkably lean. Litton is proud of the fact that it runs its far-flung empire with a central staff-secretaries and all-of fewer than 250 people. Chairman Rupert C. Thompson Jr. of Textron Inc., a $1.1 billion-a-year complex that makes everything from Sheaffer fountain pens to Bell helicopters, houses his entire headquarters in 1½ floors of a small office building in downtown Providence. So decentralized is Dallas' fast-growing Ling-Temco-Vought that it sets...
...jungle." But just in case, recalls their mother, "I made sure I gave them names that would look nice on a marquee." Juliet, 25, is a West End actress, and Jonathan, 17, is a budding director. Hayley got into lights at age twelve when Film Director J. Lee Thompson saw her riding horseback and decided to test her for a part originally intended for a boy. She won, and stole the film-the 1960 thriller Tiger...
...Close In. TRW as it now exists was put together in 1958, but its parent company, Thompson Products, a leading auto-parts maker, dates back to 1901. In 1953, a pair of brilliant, Caltech-educated scientists, Simon Ramo and Dean Wooldridge, left Hughes Aircraft Co. and, with the Thompson firm's financial backing, founded their own company. Winning a contract for the systems engineering and technical direction of the Air Force's intercontinental ballistics missile program, Ramo-Wooldridge (TIME cover, April 29, 1957) quickly became one of the U.S.'s most respected "think factories." Its eventual merger...
...diversified as it has become, TRW refuses to consider itself a conglomerate for the simple reason that its product lines are so compatible. With main facilities still divided between Cleveland (Thompson) and Los Angeles (Ramo-Wooldridge), the company manufactures automobile parts (pistons, valves, fuel pumps) and aircraft components (turbine wheels, hydraulic pumps) in the East, turns out most of its aerospace and electronic gear in the West. The tidy mix brings TRW 56% of its sales from commercial and industrial customers, 44% from Government contracts...