1966 - Revision history

Dave: /* Notable company events */

2018-08-19T17:51:29Z

Notable company events

Dave: /* General information */

2018-08-16T23:02:12Z

General information

Dave: /* General information */

2018-08-16T22:20:34Z

General information

Dave: /* Notable company events */

2018-08-16T22:14:26Z

Notable company events

Dave at 19:32, 16 August 2018

2018-08-16T19:32:55Z

Dave: /* Notable company events */

2018-07-25T21:00:12Z

Notable company events

Dave: /* Products */

2018-07-25T20:57:40Z

Products

Dave: /* Revenue and profit */

2018-06-29T19:45:26Z

Revenue and profit

Dave at 19:41, 29 June 2018

2018-06-29T19:41:01Z

Dave: Created page with "June 30, 1966: Commodore Business Machines (Canada), Ltd. Annual report to shareholders"

2018-03-03T14:57:02Z

Created page with "June 30, 1966: Commodore Business Machines (Canada), Ltd. Annual report to shareholders"

New page

[[Media:CommodoreAnnualReport_1966_-_commodore_international_historical_society.pdf|June 30, 1966: Commodore Business Machines (Canada), Ltd. Annual report to shareholders]]

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 * On April 26, 1966, Commodore sold Willy Feiler Zahl-Und Rechenwerke GMBH, its West German manufacturing plant, for $2,858,000 to Litton Industries, Inc.
+* Commodore sold Humber Typewriters and Business Equipment, Ltd on October 1, 1966
 * Irving Gould became Chairman of the Board on October 28, 1966.

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 == General information ==
-This was a year of financial reorganization and recovery for Commodore.  They were forced to sell off assets just to survive after the Atlantic Acceptance collapse.  Irving Gould's companies had been loaning money to Commodore so it could survive, and Irving Gould had been brokering the sale of Commodore's assets and taking commission on the sales.  In 1966, Commodore owed Gould more money than it could possibly ever pay him, so Gould took on an ownership stake in the company in return.
+This was a year of financial reorganization and recovery for Commodore.  They were forced to sell off assets just to survive after the Atlantic Acceptance collapse.  Irving Gould's companies had been loaning money to Commodore so it could survive, and Irving Gould had been brokering the sale of Commodore's assets and taking commission on the sales.  In 1966, Commodore owed Gould more money than it could possibly ever pay him, so Gould took an ownership stake in the company in return.
 == Notable company events ==

@@ Line 1: / Line 1: @@
 == General information ==
-This was a year of financial reorganization and recovery for Commodore.  They were forced to sell off assets just to survive after the Atlantic Acceptance collapse.
+This was a year of financial reorganization and recovery for Commodore.  They were forced to sell off assets just to survive after the Atlantic Acceptance collapse.  Irving Gould's companies had been loaning money to Commodore so it could survive, and Irving Gould had been brokering the sale of Commodore's assets and taking commission on the sales.  In 1966, Commodore owed Gould more money than it could possibly ever pay him, so Gould took on an ownership stake in the company in return.
 == Notable company events ==

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 * On April 26, 1966, Commodore sold Willy Feiler Zahl-Und Rechenwerke GMBH, its West German manufacturing plant, for $2,858,000 to Litton Industries, Inc.
+* Irving Gould became Chairman of the Board on October 28, 1966.
 == Products ==

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 == General information ==
+This was a year of financial reorganization and recovery for Commodore.  They were forced to sell off assets just to survive after the Atlantic Acceptance collapse.
 == Notable company events ==
 * Commodore's Irish subsidiary, Commodore Industries Limited ceased operations.
+* On April 26, 1966, Commodore sold Willy Feiler Zahl-Und Rechenwerke GMBH, its West German manufacturing plant, for $2,858,000 to Litton Industries, Inc.
 == Products ==
-Commodore continued to manufacture and/or market steel office equipment, typewriters, radio-stereo equipment and copy machines.  Wording in the 1966 annual report to shareholders suggests that with the sale of the Willy Feiler plant, Commodore is no longer dealing in adding machines but will be negotiating to have them manufactured under contract.
+Commodore continued to manufacture and market steel office equipment, typewriters, radio-stereo equipment and copy machines.  With the sale of the Willy Feiler plant, Commodore was temporarily no longer dealing in adding machines but would be negotiating to have them manufactured under contract.
 == Revenue and profit ==

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 {|
 |Revenue
-|$7,726,531
+|$6,389,366
 |-
 |Net profit (loss)
-|($1,051,714)
+|$1,569,545
 |}

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+== General information ==
+== Notable company events ==
+== Products ==
+== Revenue and profit ==
+{|
+|Revenue
+|$7,726,531
+|-
+|Net profit (loss)
+|($1,051,714)
+|}
+== Directors ==
+{|class="wikitable"
+|Irving Gould - Toronto
+|Chairman of the Board
+|-
+|Jack Tramiel - Toronto
+|President
+|-
+|Manfred Kapp - Toronto
+|Executive Vice-President
+|-
+|Thomas McGourty - Norfolk, Conn.
+|Vice-President
+|-
+|David Perlmutter CA - Toronto
+|Partner, Perlmutter, Orenstein, Giddens, Newman & Kofman, Chartered Accountants
+|}
+== Officers ==
+{|class="wikitable"
+|Irving Gould
+|Chairman of the Board
+|-
+|Jack Tramiel
+|President
+|-
+|Manfred Kapp
+|Secretary-Treasurer
+|-
+|Thomas McGourty
+|Vice-President, Manufacturing
+|-
+|Robert P. Zupa
+|Vice-President, Planning and Development
+|}
+== Corporate entities and subsidiaries ==
+{|class="wikitable"
+|-
+!Location!!Corporate Entity
+|-
+|rowspan="5"|Canada
+|Commodore Business Machines (Canada) Ltd.
+|-
+|Belpree Co., Limited
+|-
+|Humber Typewriters and Business Equipment Ltd.
+|-
+|Associated Tool & Manufacturing Ltd.
+|-
+|Pearlsound Distributors Limited
+|-
+|rowspan="2"|New York
+|Commodore Business Machines, Inc.
+|-
+|Commodore Drycopy, Inc.
+|}
+== Annual report to shareholders ==
 [[Media:CommodoreAnnualReport_1966_-_commodore_international_historical_society.pdf|June 30, 1966: Commodore Business Machines (Canada), Ltd. Annual report to shareholders]]