Inductoheat history

Metcalf complained that Logan wasn't willing to make the commitment to vacuum melting, however, and when Ajax got out of the vacuum melting business in 1966, Metcalf formed his own furnace company with Chuck Cragnolin; they took the first syllable of each name and called their new company Cragmet.

In 1968, Bob Buss was calling on us to sell capacitors made by High Energy Corp., a company he had founded a few years before.

In early 1970 he was especially eager to sue a sales agency who was representing Consarc overseas.

Metalectric's new Managing Director arrived in Droitwich on November 1, 1971, to find the company's morale dismally low.

Ultimately, our efforts to salvage our relationship with Pillar were fruitless, and on June 5, 1972--months after he had begun supplying our competitors with solid-state inverters--we received formal notice of Goggio's intent to cancel our agreement of exclusivity.

For Wooding, the end came at a board meeting at Consarc in February 1973.

By this time in 1975, Pillar was a formidable competitor, and Ajax, too, had introduced its own inverter and was regaining market share.

The company to which he returned in 1976 alter his Australian and English challenges was an emerging global force in the foundry industry, with manufacturing subsidiaries in Australia, England and Brazil.

He turned in phenomenal profits as the shutter king of the world as annual sales reached 1,500,000 pair of high-quality, decorative shutters from recycled battery chips. (1978)

With each vote, the union's margin of defeat grew larger and larger, until on December 14, 1979, the Teamsters were again beaten, this time 3.4 to 1.

In 1981, with the South American market on a strong growth curve and the overseas and domestic operations working in concert, Jess began to look farther afield for his next assignment.

Manning joined Inductotherm in November of 1982, and Ginny was elected to Inductotherm's board of directors two months later.

Grudgingly, Roy began to see Vyas and his colleagues in a new light and, in 1983, the company known to Indian foundrymen as Inductoheat merged into a far more formidable company, Inductotherm (India) Ltd.

Nonetheless, on October 31 of 1984--a year and a half after we'd told the United States Department of Commerce about the sale---the Pentagon transmitted an urgent message to the United States Embassy in London.

By the summer of 1986 engineers from the joint venture traveled to Rancocas to prepare for the next phase of this adventure.