Studebaker Sells Franklin Manufacturing to?????
HI,
Im really not sure of WHO the lucky winner of Franklin manufacturing was. Possibly to the very beginning auspices of WCI. Which was White sewing machines branching out into the major appliance fiel.. Am I right on that?
Hence the "WHITE" Consolidated industries...or more easily remembered as White Westinghouse....
None of the Studebaker/Studebaker-Packard histories that I have read go into great detail of their doings with their "subsidiaries". Their mainly about why the comapny failed and their "auto" products. Basically the information would read like....
Studebaker-Packard continued it's diversification efforts in 1959-60 with the purchase of Revlon,a makeup manufacturer; Clarke Mfg which produced commercial floor maintenence equip.; and Franklin Mfg Co, which was a producer of home appliances.
The latter of the three companies, was not the money maker Studebaker- Packard was hoping to get involved with; like the other divisions, and Franklin Mfg, was thus sold in 1962.
So anyone else know what happened to Franklin post Studebaker - Packard ownership...before it became entangled in the WCI monster?
Chad