Word: vornado
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Dates: during 1950-1959
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This year's giants in the field are stronger than ever because they have weathered a vigorous shakeout. A few years ago there were 100 manufacturers. Scores dropped out, including Servel, Vornado, International Harvester. Each victim left behind a heavy inventory, which went at fire-sale prices. Now inventories are down to the bone, and the price wars are past...