industry

Our research and development program, serving as it does an industry which must compete against low-cost production throughout the world, continues to have primary emphasis at Leesona.

This machine, operating at speeds up to 350,000 revolutions per minute, is believed to provide one of the fastest mechanical operations in industry today.

This machine was demonstrated in two textile machinery exhibitions last year and was well received by the industry.

As in many other industries, rising costs and intense competition, both domestic and foreign, have exerted increasing pressure on earnings of the textile industry in recent years.

As a designer and manufacturer of textile production machinery, Leesona and other companies in its industry have sought to meet this challenge with new or improved equipment and methods that would increase production, yet maintain both quality and flexibility.

The problem of efficient production in textiles is complicated by the fact that the industry serves large markets which shift quickly with changes of fashion in apparel or home decoration.

In the electronics industry, this tendency is well illustrated by inventories of TV sets.

It is interesting to note that the present level of military electronics procurement is greater than the industry's total sales to all markets in 1950-1953, which were good years for our industry with television enjoying its initial period of rapid consumer acceptance.

It has been correctly pointed out by well-informed people in the industry that it is probably unrealistic to expect a continuation of the yearly growth of 15% or better that characterized the decade of the 1950's, and that our military markets may be entering upon a new phase in which procurement of multiple weapons systems will give way to concentration of still undeveloped areas of our defense capability.

The markets for electronic parts in 1960 have reflected the changing patterns of the various end equipment segments of the industry.

In sum, I look for another good year for the electronics industry in 1961, with total sales increasing about 7% to $10.8 billion, despite the uncertainties in the business outlook generally.

You name it, our industry is producing it, and it probably is made in different models.

Foreseeing the possible threats to safety with the rapid growth of the sport, the industry has been supporting an intense, coordinated educational program with great success since 1947.

The industry has been its own watch dog.

As America on wheels was responsible for an industry of motor courts, motels, and drive-in establishments where you can dine, see a movie, shop, or make a bank deposit, the ever-increasing number of boating enthusiasts have sparked industries designed especially to accommodate them.

We have noted how some electronic techniques, developed for the defense effort, have evenutally been used in commerce and industry.

When we consider the electronic industry potential for human betterment, the prospect is staggering.

Many industry trade associations are developing campaigns to protect or enhance the share of the consumer's dollar being spent on their particular products.

We have already witnessed great changes through mergers and acquisitions in the food industry -- at both the manufacturing and retail ends.

The American gun and ammunition producers sponsor a successful promotional program through their industry trade association.

Here you begin to appreciate the scope of the challenges and possibilities facing the industry.

These are only halfway measures, and the answer will come when some way is found to allow the technical man in industry to progress without limit in salary and prestige ''.

The oilheating industry is looking up, led by a revival of research and development.

The importance of the sign industry to the plastics industry, however, is not in terms of volume alone.