Difference between revisions of "1963"

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Commodore's major focus in 1963 was to consolidate and strengthen the distribution of their main product lines of typewriters, adding machines and copying machines. They attempted to achieve this mainly through acquisitions.
Commodore's major focus in 1963 was to consolidate and strengthen the distribution of their main product lines of typewriters, adding machines and copying machines. They attempted to achieve this mainly through acquisitions.
[[File:FeilerPlant1963-1.png|left|thumb|150px|Leased Commodore retail location]]
[[File:FeilerPlant1963-2.png|left|thumb|150px|Leased Commodore retail location]]
[[File:DrycopyAssembly.png|right|thumb|150px|Leased Commodore retail location]]


== Notable company events ==
== Notable company events ==

Revision as of 22:51, 16 July 2018

General information

Commodore's major focus in 1963 was to consolidate and strengthen the distribution of their main product lines of typewriters, adding machines and copying machines. They attempted to achieve this mainly through acquisitions.

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Leased Commodore retail location
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Leased Commodore retail location
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Leased Commodore retail location

Notable company events

  • Commodore purchased Willy Feiler Zahl-Und Rechenwerke GMBH, a West German manufacturer of office equipment, for a total investment of $1,247,893.72.
  • Commodore purchased a 49.34% interest in Analogue Controls, Inc, a precision manufacturer of technical components in New York, for $276,343.66.
  • Commodore acquired Humber Typewriter & Business Equipment Co. Ltd, a small but efficient wholesale distributing company in Toronto, Ontario.

Products

Revenue and profit

These numbers do not include the newly acquired Willy Feiler and Analogue Controls.

Revenue $4,510,398.15
Net profit $143,043.13

Directors

C. Powell Morgan - Toronto Executive
Jack Tramiel - New York Executive
Manfred Kapp - Toronto Executive
J. Aubrey Medland - Toronto Executive
Fenimore Fisher - New York Executive
Harry Wagman - Toronto Chartered Accountant
Carman G. King - Toronto Investment Dealer
Douglas R. Annett - Toronto Investment Dealer
Carl M. Solomon - Toronto Solicitor

Officers

C. Powell Morgan Chairman of the Board
Jack Tramiel President
Manfred Kapp Secretary-Treasurer
Fenimore Fisher Vice President


Corporate entities and subsidiaries

Location Corporate Entity
Toronto, Ontario Commodore Business Machines (Canada) Ltd.
Commodore Drycopy Ltd.
Humber Typewriters and Business Equipment Ltd.
New York, N.Y. Commodore Business Machines, Inc
Commodore Drycopy, Inc
Analogue Controls Inc.
West Germany Willy Feiler Zahl-Und Rechenwerke GMBH

Annual report to shareholders

June 30, 1963: Commodore Business Machines (Canada), Ltd. Annual report to shareholders