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BUSINESS
July 19, 1990 | Reuters
Fedders Corp., a leading manufacturer of air conditioners, said it plans to acquire rival Emerson Quiet Kool from Jepson Corp. Financial details of the transaction, which will combine two of the best-known names in air conditioners, were not disclosed. Emerson Quiet Kool is the room air conditioner division of Elmhurst, Ill.-based Jepson.
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BUSINESS
August 20, 1990 | From Times Staff and Wire Reports
Electric Tool Slander Suit: Jepson Inc., a Torrance firm that sells electric tools made in Taiwan, filed a $10-million slander suit against New York-based Makita U.S.A. Inc., which sells similar tools from Japan. The federal suit in Los Angeles asserts that Makita launched a "campaign to harass the customers of Jepson" in 1986 by telling them that Jepson products infringed on Makita's trademark and that authorities would soon prevent their sales.
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BUSINESS
August 20, 1990 | From Times Staff and Wire Reports
Electric Tool Slander Suit: Jepson Inc., a Torrance firm that sells electric tools made in Taiwan, filed a $10-million slander suit against New York-based Makita U.S.A. Inc., which sells similar tools from Japan. The federal suit in Los Angeles asserts that Makita launched a "campaign to harass the customers of Jepson" in 1986 by telling them that Jepson products infringed on Makita's trademark and that authorities would soon prevent their sales.
BUSINESS
July 19, 1990 | Reuters
Fedders Corp., a leading manufacturer of air conditioners, said it plans to acquire rival Emerson Quiet Kool from Jepson Corp. Financial details of the transaction, which will combine two of the best-known names in air conditioners, were not disclosed. Emerson Quiet Kool is the room air conditioner division of Elmhurst, Ill.-based Jepson.
NEWS
July 24, 1988 | Associated Press
A small private airplane crashed into a building near Smith-Reynolds Airport and exploded, killing the four passengers aboard the aircraft, authorities said. A Jepson Burns Corp. building caught fire after the Friday night accident, officials said, but workers escaped safely and the fire was extinguished.
BUSINESS
December 27, 1988 | Associated Press
Athletic apparel manufacturer Reebok International has remained atop the rankings of the most profitable companies in the United States, Forbes magazine said Monday. Reebok, known for its popular leather athletic footwear, had a more than 200% average return on equity during the last four years, with a 27.7% return over the past 12 months, according to Forbes, which compiled its annual listing of the nation's most profitable firms.
BUSINESS
November 4, 1988 | From Times Wire Services
Steadiness in the dollar after a recent prolonged decline helped stocks post their best performance in two weeks Thursday, with blue chips and takeover stocks posting solid gains. The Dow Jones average of 30 industrials ended 13.51 points higher at 2,170.34 after rising gradually through most of the session. The widely watched indicator had been up more than 21 points an hour before the close but then gave some ground.
FOOD
March 29, 1990 | DAN BERGER, TIMES WINE WRITER
Fetzer Vineyards in Mendocino County will release a line of reserve wines on May 1 that show a major change from the winery's previous reserve program. Featured in the line is a 1985 Cabernet that is a striking example of classical wine making and a wine that rivals the best made in California. It will be priced at $24 a bottle, the most expensive wine Fetzer has ever sold. The new reserve line was created in 1985, said Dennis Martin, assistant to wine maker Paul Dolan.
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