Word: xeroxes
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...devised a method of making copies of documents by using infrared radiation which literally bakes images onto heat-sensitive paper. The company christened the process Thermo-Fax, and it has carried 3M into second place behind Xerox in the rapidly expanding copying-machine field, has led it to acquisitions of such firms as Revere Camera, Dynacolor film and, last summer, Italy's leading photographic firm, Ferrania...
...expected to hit $480 million this year. A dozen major manufacturers as diverse as Royal McBee and Eastman Kodak are in it, and many other giants, including IBM, are looking. All of them are trying to copy the sales drive and scientific ingenuity of the far-ahead leader, Xerox Corp., whose earnings for the first nine months of 1964 have risen 59%. Having pioneered an electrostatic process that requires neither special paper nor chemicals, Xerox makes machines that can turn out seven to eight copies a minute at about 31? each...
...Angeles, Addressograph-Multigraph's Bruning Division showed off two electrostatic models that it claims can produce copies at half the cost and twice the speed of Xerox machines but that require special paper. American Photocopy demonstrated its new "Dial-A-Copy," which has a telephone-like dial on which the user can order from one to ten copies, and SCM (Smith Corona-Marchant) showed its similar, dial-operated Model 44. 3M displayed six specialized machines that produce by means of heat and light sensitivity; one turns out single copies on heat-sensitive paper for about 310, and another produces...
...Xerox, which puts 10% of its sales into research, also has some innovations on the way. Perhaps pushed by the competition, it has just demonstrated a highspeed, high-volume machine that will not be marketed until next year-but will produce up to 2,400 copies an hour. The company has also begun to lease its new LDX model, which instantly transmits copies between offices as far as 4,000 miles apart. Perhaps optimistically, Xerox figures that it will continue indefinitely to supply close to half of the nation's copying machines. It can be fairly certain about...
Explosive Performance. For Davis, 57, a jowly gentleman who moved up to chairman when Founder Rank retired two years ago, Rank's most spectacular sideline has been its entry into Xerox duplicating equipment. Searching for profitable ventures after the diversification decision, Davis in 1956 agreed to bankroll the U.S.'s struggling Xerox Corp. (then called Haloid Co.) in return for rights to make and market its duplicating machines outside the Western Hemisphere. Xerox, of course, has been a huge success. Result: Rank Xerox last year accounted for a third of the Organisation's profits. The company this...