Word: bendix
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...Bendix Aviation is another channel whereby General Motors has recently entered aviation. Bendix Aviation combines Bendix Brake Co., Eclipse Machine Co., Delco Aviation, Stromberg Motor Devices and Scintilla Magneto, and since last week Pioneer Instrument. In forming Bendix Aviation the Curtiss, Wright, United and Aviation Corp. interests worked with General Motors...
...stock of the Dayton-Wright Co., assets of which consist mainly of Wright Field, Dayton Aviation Field adjoining the famed but abandoned McCook Field (Wartime Army aviation center) and also a large number of aviation patents.* Following so closely upon General Motors' acquisition of a 25% interest in Bendix Aviation Corp., makers of airplane accessories (TIME, April 22), the Fokker transaction emphatically located General Motors in the aviation field...
...also rumored last week that General Motors would take a 15 million dollar interest in Aviation Corp., 200 million dollar aircraft holding company, which would then take over Delco-Remy (General Motors subsidiary) and Bendix...
...this accessory industry came last week its first great merger. Known as the Bendix Aviation Corp., the new company will be 25% controlled by General Motors...
Other companies represented are Bendix Corp., Electric Auto-Lite, Wright and Curtiss. The new aviation accessory corporation will be capitalized at $140,000,000 President of Bendix Aviation Corp. is Vincent Bendix, inventor of the Bendix Drive, now used on more than 30,000.000 automobiles, developer, also, of the Bendix Four Wheel Brake. Tallish, well-built, with brown hair and a boyish complexion that shows no signs of his having been in existence for almost haF a century (born 1881), Mr. Bendix is nevertheless alarmed concerning embonpoint. Lately he acquired an elastic belt to pre vent undue Bendix expansion...