RADIO MERGER
SALES' OF £100,000,000 A YEAR EXPECTED. CAMDEN, (N.J.) October 28. Mr James G. Harbord, president of the Radio Corporation of America, has announced as effective from January 1 a merger of the Victor Talking Machine Co., the Radio Corporation, the Western Electric Co., and the General Electric Co., for the production and sale of radio equipment. The central plant of the merged organisation will he at Camden, and will employ 20,000 men. The offices will be in New York. The sales of the Victor Co. and the Radio Corporation exfceed £10,000,000 a year, and the total sales of the merged organisation are expected to reach £100,000,000 a year. Mr 1 Schumacher, head of the Victor Co, will be president of the new organisation. Mr J. L. Ray, vice-pre-sident of the. Radio Corporation, and Mr H. C. Crubbs, vice-president of the Victor Co., will be vice-presidents.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19291218.2.4
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 18 December 1929, Page 1
Word count
Tapeke kupu
147RADIO MERGER Hokitika Guardian, 18 December 1929, Page 1
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in