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Helnl Radio-Television News Service
9/13/50
SYLVANIA EXPANDS PLASTIC PRODUCTION FOR RADIO, TV
A new plant which will specialize in the production of plastic and plastic-metal components for the radio, television and lighting industries is now being constructed for the Parte Division of Sylvania Electric Products, Inc., at Warren, Pa.
He said that ground for the new plant, which will provide 30,000 square feet of production space, was broken on July 5 and that the plant should be ready on or about October 15th. Provision is being made in the initial structure for the expansion of floor space to approximately 100,000 square feet.
Operations at the new plant will be devoted exclusively to the production of plastic products for the radio, television, light¬ ing and other industries and will include both thermosetting and thermoplastic items with and without metal inserts.
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ZENITH FIRST 3 MONTHS CONSOLIDATED PROFITS $766,9 5^
Zenith Radio Corporation reports estimated net consolidated profits for itself and its subsidiaries for the first three months ended July 31, 1950, of its current fiscal year amounting to $766,95^ after Federal income tax provision of $550,936, depreciation, excise taxes and reserve for contingencies.
Net consolidated profit for the same period a year ago was $170,9^5 after a deduction of $251,376 representing amortization of goodwill incident to acquisition of a subsidiary. Inasmuch as the item of goodwill was completely amortized at April 30, 1950, there was no comparable deduction applicable to the earnings for the 1950 quarter.
" The company is proceeding with its plans for a limited 90-day commercial test of Phonevision scheduled to start October 1st to determine the extent to which the public is willing to pay a fee for home showing on television of good movies and/or other entertain¬ ment", Commander E. F. McDonald states. "The broadcasting station located on the Field Building is now ready for operation and the 300 participants have been selected. The public interest in this test is evidenced by the more than 50,000 applications to participate in the test."
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Baltimore, Md. ,
A moth put television station WAAM-TV/off the air for an hour one day last week. Tubes blew out, fuses popped, and a flash of high voltage electricity welded solid the vibrating contacts of a relay.
Charles Blair, an engineer, finally found the wrecked relay and the charred remains of the moth. It had flown into the maze of tubes, wires, resistors and relays, causing a short when it passed at Just the right Instant through the gap in a high voltage circuit.
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