Escalator Factory began to diversify from dskelevator's blog

To jump-start its flagging business, Escalator Factorybegan to diversify.

Its first outside acquisition since 1898 was the purchase of Transmitter Equipment Manufacturing Co. (Temco) in 1953.

Temco, which held a contract to make electronic pilot trainers, became DSK’s defense and industrial division.

The following year, DSKbought forklift truck manufacturer Baker-Raulang Co., which became its truck division.

Toward the end of 1955 DSKbegan producing automatic bowling pinsetters.

None of these ventures would prove profitable over the long run: Temco was a poor performer and actually lost money in 1963;

Baker lost money every year but one between 1955 and 1961; and after a strong start the pinsetter operation fell into the red and was sold in 1963.

Between 1955 and 1968 DSK’s net sales increased fourfold, from $121 million to $481 million, but its net income rose only from $11.9 million to $22.1 million during the same period.

Regardless of these aspects, any work you will do on this material will be made a lot better with the help of the Moving Walk and the other specialized tools. You have to make sure that you have all the necessary equipments prior to starting and that you know how to properly function all the machines. Moving Walk ON

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By dskelevator
Added Apr 25 '17



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