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Thread Number: 10433
Avco sells Bendix to Philco, 1956 |
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| Post# 191039 2/14/2007 at 15:51 (6,273 days old) by peterh770 (Marietta, GA) | ||
Fight for Appliances Monday, Nov. 12, 1956 The holder of the oldest name in automatic washers tossed in the towel last week. Bendix Home Appliances, which brought out the world's first automatic washer in 1937, will be sold, pending approval of final terms, by Avco Manufacturing Corp. to Philco Corp. Avco also said it will close its money-losing Crosley appliance business (refrigerators, ranges, radio-TV), leaving 78 distributors around the nation with nothing to distribute. Chairman Victor Emanuel ticked off a host of reasons for Avco's retreat from appliances: "Increasingly severe competition, large over-capacities, rampant price-cutting, rising costs of labor and material." | ||
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Post# 192823 , Reply# 3 2/22/2007 at 08:09 (6,266 days old) by gansky1  (Omaha, The Home of the TV Dinner!) |
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Post# 192830 , Reply# 4 2/22/2007 at 10:09 (6,266 days old) by peteski50 (New York) |
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But the worst! | ||
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Post# 192844 , Reply# 5 2/22/2007 at 11:50 (6,266 days old) by jetcone (Schenectady-Home of Calrods,Monitor Tops,Toroid Transformers) |
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Oh No it 
was a sad day when Bendix closed its doors. And now we have the LG combo when you open it up and look at the layout how familiar it looks. All these reasons for closing hold no water for me because: How many washers and dryers have been sold in this country since 1956 do you think?? When will we ever not need to do laundry? I think its top heavy management and manufacturing techniques and correct sales tactics that kept Whirlpool going where Bendix floundered. What shareholder or floor worker is going to question an exec. about the company. Maybe that should happen more maybe Execs should be held accountable for the path of the company. Competition and pricing has always been around, it was around before Bendix was founded , it was around the whole history of Maytag. Heck Maytag actually got going DURING the depression. I think there's something else at work here no one has put their finger on before. Just what I'm not sure. Greg you should be SLAPPPPPEED! PUBLICLY TOO! | ||
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Post# 192912 , Reply# 6 2/22/2007 at 17:33 (6,265 days old) by gansky1 (Omaha, The Home of the TV Dinner!) |
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I think there's something else at work here no one has p | ||
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Post# 193098 , Reply# 8 2/23/2007 at 13:24 (6,265 days old) by jetcone (Schenectady-Home of Calrods,Monitor Tops,Toroid Transformers) |
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WOW Tom | ||
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Post# 193100 , Reply# 9 2/23/2007 at 13:27 (6,265 days old) by jetcone (Schenectady-Home of Calrods,Monitor Tops,Toroid Transformers) |
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Actually I must correct this thread while
I still remember PETER! AVCO sold Bendix to "Bendix Home Appliances" in 1949, BHA sold to PHILCO in 1956. There were two sales. Tom was right Bendix military saw no love for making appliances actually right from the begining in 1938. They had to twist Bendix's arm to use his name for recognition at the time and pay him royalties directly the whole time it was owned by Bendix Aviation. Jet | ||
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