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Message: <blockquote data-quote="eurekaprince" data-source="post: 74287" data-attributes="member: 340">Thanks to Doug for the corporate backgrounder on Shetland...Here's a 1969 description of the SCM company from another website (<a href="http://www.winkworth.us" target="_blank">www.winkworth.us</a>):The SCM Corporation today consists of the consolidation of the SCM Corporation and the Glidden Company, which merger occurred in July of this Year. In the Fortune magazine 500 biggest companies, SCM ranked 311th in 1966. The Glidden Company ranked 226th. The combined company SCM, Glidden and Allied when merged, with combined sales of over $700 million per year, should rank with the largest 100 companies in the United States. The firm's present name, SCM Corporation, was adopted in 1963 and comes from three of its original component firms, Smith-Corona Inc., and Marchant Calculators Inc., both well known producers of typewriters and other business machines. T h e SCM executive offices are at 410 Park Ave., New York. (SCM was incorporated in New York in 1924 as successor to a company formed in 1903. Since 1956 the company, then Smith-Corona Inc., has substantially diversified its activities. In 1956 it acquired Kleinschmidt Laboratories Inc., a manufacturer of telecommunications equipment and in 1958, Marchant Calculators Inc., a manufacturer of rotary calculators, and British Typewriters, a manufacturer of typewriters in England. In 1960 it entered the office copy field.In 1966 it acquired the Proctor-Silex Corporation, a manufacturer of portable electric appliances and other housewares and industrial drying equipment, and, in 1967, L&W Machine Works, Inc, a manufacturer of textile finishing equipment, and The Shetland Co., Inc, a manufacturer of electric housewares and floor care equipment. Also in 1967, the Glidden-Durkee Division was added by merger, Glidden is engaged in the manufacture and sale of a diversified group of products including food products, paints and chemicals. The SCM Corporation, as currently constituted, has 30 percent of its sales in office equipment, 31 per cent in coatings, resins and chemicals, 26 percent in foods, 7 percent in household appliances and housewares and 6 per cent in other categories. In the Office equipment field, SCM manufactures a broad line of electric and manual portable and office typewriters sold under the Smith-Corona name as well as manufacturing under a private label. The SCM electrostatic office copying machine enjoys the second largest distribution in the United States and requires very large quantities of specially coated papers.SCM is one of the largest manufacturers of coatings and resins in the United States and is well known for its complete line of paints, enamels, lacquers, varnishes and other products. They are traded principally under the brand names Glidden and Spread-Satin. The chemicals operation of Glidden-Durkee includes manufacture of pigments, colors, metal powders and organic chemicals. It is one of five major producers of titanium dioxide used in paper as well as in paints. Glidden-Durkee's organic chemicals are manufactured from the basic raw materials sulphate, turpentine and crude tail oil, by-products of the kraft paper industry, of which Allied is a part. Glidden-Durkee's Durkee Foods operations produce industrial food products, specially prepared or packaged food products for the food service industry and a well known line of consumer food items. Fourteen plants in the United States and one in Belgium are used in these operations. Proctor-Silex Incorporated, a subsidiary of SCM, manufacturers, at four plants in the United States and one plant in Canada, irons and ironing tables, pads and covers, toasters, coffee makers, ice cream freezers, juicers, drink mixers and other household appliances. Shetland Incorporated, another subsidiary, produces, at one plant in the United States and one in Canada, electric floor polishers, rug shampooers and related floor care products, vacuum cleaners and electric blenders, knives and can openers. The principal trademarks are "Shetland" and "Lewyt". The research, engineering and product development efforts of SCM are directed primarily toward improvement of existing products lines and development of new products in related fields Approximately 1,000 employees are engaged in these efforts. Research and development expenditures during the fiscal years ended June 30, 1965, 1966 and 1967 amounted to approximately $9,909,000, $11,013,000 and $13,465,000, respectively. Fascinating stuff......would be interesting to find out what vacs were made by Shetland before it was acquired by SCM.....</blockquote>

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