Word: crosley
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...Door. A refrigerator with a built-in spigot in the door was introduced by Motor Products Corp.'s Deep Freeze division and Crosley. The tap connects itself with a large dispenser that holds water, fruit juice or other beverage...
...Crosley got into the color TV race last week. It has been licensed to manufacture the "Chromatron" color tube invented by Nobel Prizewinner Ernest O. Lawrence and developed by Paramount Pictures Corp.'s TV labs. Crosley said it already has a pilot line turning out the new tube on a limited scale, and promised a wide range of advantages for its new product: large, rectangular pictures, excellent color definition and easy mass production...
...Though Crosley was careful to say that full mass production is still a long way off, the announcement added to the confusion over color that has the industry groggy. The public, thinking that color TV is just around the corner, has shied away from buying black & white sets, and sales have dropped alarmingly. TV dealers are so overloaded that Westinghouse last week chopped prices 28% to 40% on all 21-inch models, and RCA Victor announced a "customer-protection plan." If color TV comes on the market by Jan. 1, 1955, RCA will allow an 80% credit towards a color...
...resigned as Secretary of the Navy last January, became president of Aerojet-General Corp., a General Tire & Rubber Co. subsidiary. No stranger to General Tire, Kimball joined the company after World War I, was executive vice president and general manager of Aerojet Engineering Corp. (which merged with Crosley Motors last March to become Aerojet-General) when he left for Washington...
Every maker, big & small, is expanding the number of his products. RCA, once known only for phonographs and radio-TV appliances, this year is selling air-conditioners and electric ranges. Crosley Division of Avco Manufacturing Corp. will begin marketing washing machines. General Electric is building the world's biggest appliance center at Louisville, Ky., on which it will spend $200 million...