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March 6, 2013








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This product allowed battery-operated items to be run on the electricity currents already established within buildings. Galvin had 5 employees and in the beginning had a balance sheet with assets just over $1,000. However, by the end of the first year the earning and potential of Galvin Manufacturing were apparent, when it made a "net earnings of $6,015...
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Even though profits were wonderful, the main reason that business was good was that Galvin pushed the company to continue to make innovative products and devices. This set the corporate mentality, which would stay with the Galvin Manufacturing Corporation, long after it became Motorola in 1947. (www...
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