Word: pumpings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...went to work for Minneapolis' Northern Pump Co. Four years later he bought the company, with $100,000 netted by more inventions. By 1938 he employed 200 workers, making hydraulic pumps and Navy equipment. Then the defense boom buried him under an avalanche of Navy orders. He enlarged his plant, but it was still too small, so he sold it to General Mills for $1,000,000. Then he formed a new company, Northern Ordnance, Inc. (with all stock owned by Northern Pump), and shopped around for plans for a new plant outside Minneapolis. He was told it would...
...this, and shrewd management, boomed parent Northern Pump's profits from their 1937-39 average of $22,000 to $21,179,000 in 1942-before renegotiation and taxes, of course. Hawley's salary kept pace with the rise, climbing from...
When the Navy started to renegotiate Northern Pump last year, Hawley howled that the Government was "reneging" on its contract. At the time, he was also occupied in denying a Minneapolis gibe that his yacht was named "Navy Gravy." He had once tried to start a nationwide campaign against the renegotiation act, wired Congressmen (at a rumored cost of $100,000) and mailed handsome brochures to some 14,000 businessmen. He insisted that if he made big money out of the war it was only because he was doing a superlative job. But the Navy ordered him to turn back...
...tide now lapped at Festung Europa; it washed most heavily at Poland and Rumania. This week it was 50 mi. from Rumania's 1940 border, 275 mi. from frightened Bucharest, 200 mi. from Warsaw. Only 240 mi. away, Ploesti's oilfields-fueling pump of the Wehrmacht and Luftwaffe-tempted Russian bombers...
Branch Out. He spread to small Blairsville (pop. 5,002), bought up the only industry in town-it was shut down -got the Navy to equip the plant, and began to turn out heavy-caliber shells. He kept on scouting U.S. industry for more bargains, bought the Quimby Pump Co., whose Newark and New Brunswick (N.J.) plants had a sizable backlog of Navy and Maritime Commission orders. To get further diversification he set up a new division of the Porter Co. and plunged into the gas & oil business. Although still on an experimental basis, he grossed a tidy...