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Billion-Dollar Baby.
- Source :
- TIME Magazine; 3/20/1950, Vol. 55 Issue 12, p85-87, 2p
- Publication Year :
- 1950
-
Abstract
- The article focuses on American company Du Pont which generated a 1,025 billion U.S. dollar sale in 1949. The figure came from a six percent gain from 1948 with profits jumping 20 percent. According to company president Crawford H. Greewalt, its growth depended on aggressive research and development of new products. The company invested 33 million U.S. dollars for research in 1949 and introduced new products including Teflon, Armalon and Alathon.
- Subjects :
- SALES
CORPORATE profits
NEW product development
POLYTEF
Subjects
Details
- Language :
- English
- ISSN :
- 0040781X
- Volume :
- 55
- Issue :
- 12
- Database :
- Complementary Index
- Journal :
- TIME Magazine
- Publication Type :
- Periodical
- Accession number :
- 54157231