Word: tooled
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Cooler Tooler. For tooling tough alloys, Britain's Impregnated Diamond Products Ltd. began sale of Sparcatron, a device which uses an electrical charge instead of diamond-edged tools to machine metals to tolerances as close as one-twenty-five-millionth of an inch. Sparcatron generates no heat (which may make the conventional cutting tool inaccurate) and has no cutting edge to get dull. Price: about...
...mailed out unsolicited merchandise, gambled that enough people would send in their money to turn a profit. Often Koolish mailed out punchboards, furnished the merchandise prizes for the lucky winners. He spread out to candy (Chicago Mint Co.), counter devices such as peanut vendors and handgrip measurers (Pierce Tool & Manufacturing Co.), silk stockings and insurance. Koolish was so successful that he made a fortune now put at $4,382,348; he also built a fat record of complaints with Better Business Bureaus...
Nash, which helped pioneer the postwar American small car market with its Rambler, last week announced plans to bring out a still smaller sports car next spring. Like other U.S. carmakers, Nash knows it can hardly afford to tool up for the limited market such a car may have. So it made a deal with Britain's Austin Motor Co. Ltd. to build the car (still not named) in England. Birmingham's coach-makers Fisher & Ludlow Ltd. will supply the body, Austin the chassis and a 42 h.p. engine. Nash does not expect to sell...
Hughes, who also keeps busy with airplane and guided-missile production and a tool company, is the kind of personality that Hollywood understands. But he and RKO, which he took charge of in 1948, did not turn out to be a winning combination. Recently he admitted that he had been on the lot only once-and then only suggested that the place be painted.* His offices were located about a mile from RKO; his decisions were announced by telephone or messenger, frequently after midnight. Always elusive and wary, he liked doing business in off hours; frequently dressed in tennis sneakers...
Last week Howard Hughes decided to call it a day. He agreed to sell his control of RKO Radio Pictures to a buying group headed by Chicago Promoter Ralph Stolkin. The price: $7,345,940. (The sale did not include Actress Russell, who is under contract to Hughes' tool company.) Even during his last hours as boss of RKO, Hughes remained in character: the signing took place around midnight; Hughes, in tennis shoes, temporarily misplaced the down payment check (about $2,000,000); he insisted on a last-minute conference with his lawyer in a clothes closet...