Word: messerschmitt
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...Frankie Sinatra, with girls snatching Presley's shirt, belt, shoes, and RCA Victor buying out his recording contract for $35,000. Elvis now nets $7,500 a week for personal appearances, will net more than $100,000 this year; he owns three Cadillacs and a three-wheeled Messerschmitt, plus a dazzling wardrobe...
...issue you ran an item on Willy Messerschmitt and his production of planes as well as nonmilitary items such as sewing machines. Since we have just introduced the Messerschmitt automatic sewing machine under the brand name Bell-Messer-schmitt "Magnematic" into the U.S. market, we were most interested in seeing the article, but disturbed at your implication that the Augsburg plant, which produces the machines, was being converted to plane production...
...TIME should have made clear that Messerschmitt's Augsburg plant consists of four different factories; three will produce planes, the fourth sewing machines...
Among the planemakers likely to play big roles in the reborn industry: ¶Fighter Designer Willy Messerschmitt, who has kept busy repairing U.S. Army trucks, making midget cars (TIME, Sept. 19) and sewing machines while running an aircraft-designing bureau in Spain, is readying his Augsburg plant (sewing machines) for plane production. He has several planes on his drawing board, including a four-engined cargo carrier, hopes within a year to be employing 2,500 in aircraft alone v. 2,100 in all his ventures...
...Messerschmitt has turned out 16,000 since 1953, is now producing 1,200 a month...