Word: acf
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...production and, later, Howard Hughes's aircraft plant, then took on the presidency of Detroit's money-losing Gar Wood Industries, Inc. Three years ago, after Gar Wood was in the black, Perelle took on his toughest challenge. He became president of Philadelphia's money-losing ACF-Brill Co., which makes buses...
...Among them: Occidental Life Insurance Co., Penn Mutual Life Insurance Co., Avco Manufacturing Corp., Philadelphia Co., Standard Gas & Electric, Duquesne Light Co., ACF-Brill Motors, Steep Rock Iron Mines, Ltd., Republic Steel Corp., Washington's Carlton and Wardman Park hotels...
Fission & Fusion. Stockholders of Consolidated Vultee Aircraft Corp. approved a plan to separate the company from its non-aviation interests, including a general manufacturing plant (stoves, frozen food storage units, etc.) in Nashville, Tenn., and part ownership of the ACF-Brill Motors Co. They will be incorporated in a new company, the Nashville Corp. By the deal, Convair's present parent, Victor Emanuel's Avco Manufacturing Corp., will get the controlling interest in the new company. Floyd Odium's Atlas Corp., Convair's second biggest stockholder, will take control of the aviation properties...
...stock, exchange it for that held by Convair stockholders at a ratio not yet determined, but likely to be about seven shares of Convair for six of Lockheed. On its part, AVCO is expected to trade its Convair stock (26%) for Convair's non-aviation interests, including ACF-Brill Motors Co. and its subsidiary, Hall-Scott Motors, and Consolidated's general manufacturing plant at Nashville. In short, Convair's stockholders would get a piece of Lockheed, and AVCO would get out of the planemaking business entirely. It had plenty of other irons in plenty of other fires...
American Car & Foundry, world's biggest of its kind, emerged as president in 1916. His company also builds ACF cruisers. When Federal agents began potshooting innocent yachtsmen as rum-runners, Mr. Woodin turned violently Wet (TIME, April...