Word: plastics
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Thousands of Rabbits. Based on 3M's past performance, the new plastic should do well. Since 1902, 3M has pioneered a line of some 25,000 separate items, from sandpaper to its famed Scotch tape, and grown into an empire of 30 plants stretching from the U.S. to Germany and Brazil. This year sales will jump to $228 million, up $8.000,000 from 1953; earnings are expected to hit a record $2.80 a share, and the value of its shares has increased 5.804% since...
...Paul's Minnesota Mining & Manufacturing Co., they like to describe their business as "pulling rabbits out of a bottomless hat." To 3M the bottomless hat is its research department, and last week the company pulled out a promising new rabbit. The rabbit: "Scotchply." a tough, laminated plastic sheet, sinewed with tiny glass threads, that 3M thinks is better than steel because of its strength-weight ratio...
...plow back 3? of every sales dollar into the search for new products. When an idea catches on, 3M helps customers think up new uses and puts its scientists to work on a whole family of related products. In 1934, 3M brought out a new electrical insulating tape with plastic backing that was such a hit the company soon expanded into a line of 45 new tapes, developed insulating putty, wire-splicing devices and a painted-on wire coating for the electrical industry. Total business, where none was before: $2,000,000 annually...
Varaztad H. Kazanjian, professor of plastic surgery, emeritus, operated on Carey in Baker Memorial Hospital in Boston yesterday morning. Carey suffered fractured nasal bones and extensive lacerations on his face, but was reported in good condition last night...
Kazanjian received a special citation in 1952 from the American Society of Plastic and Reconstructive Surgeons for his "outstanding contributions" to the advancement of its practice. He has also received several other awards, including three citations signed by Winston Churchill...