Quote:
Originally Posted by Terry,OH
I read an interesting article regarding Columbial Alxe Co. along the same lines as your article. In business from near the turn of the century, Run by local politician in the mid 20's, then taken over, and later (late 40's ) with one wrong business decision (to purchase too many new machines with too much of it's capitol), run into the ground. Finally taken over by Auburn.
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Hey Terry, I had also ready an article or two in regard to the Columbia Axle Co. It appears that the introduction of the "new & improved" controls in 1946(?) also played a significant role in the companies demise.
Apparently, while attempting to compete with Borg, new & improved controls were felt a necessity by Columbia. Too bad the "new & improved" were much more complicated in design and production cost and subsequently much more troublesome that the previous design.