Leadership

What’s new . . . among the manufacturers

Issue 5 and Volume 114.

What’s new . . . among the manufacturers DEPARTMENT NEWS products. processes. personalities Thor Expands Overseas Thor Power Tool Company of Aurora, Ill., has bought sole control of FIAP (Fabbrica Italiana Apparecchi Pneumatici) located in Turin, and Italy’s largest manufacturer of air tools. With control of FIAP, Thor also acquired a substantial minority in a Spanish company called FIAP Espanola located in Barcelona, Spain. The extent of the Spanish interest was not disclosed. Acquisition of the Italian company marks Thor’s second expansion into overseas manufacturing operations, following the purchase of Armstrong-Whitworth & Co. (Pneumatic Tools) Ltd., Tynemouth, England, in 1951. Narrow-Band Monitor Industrial Radio Corporation, 462 North Parkside Avenue, Chicago 44, Ill., has developed a new narrow-band monitoring receiver for use with systems operating under the new FCC split-channel regulations. It features a new mechanical filter and is available in two models, the 12-volt mobile or the 117-a.c. desk model.…

Subscribe to unlock this content

Subscribe Now