Gorgeous Model R40 Graybar Sewing Machine with Cabinet

Pricing & History

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GRAYBAR MODEL R40 History of this Machine : During the 1930s, the company explored many different avenues of income, including a line of appliances and sewing machines under the Graybar brand name. By 1941 the company's sales volume was more than $100 million, the number of distribution houses had jumped to 86, and there was a corresponding increase in personnel. Also that year, the remaining outstanding shares of stock were purchased from Western Electric with a $1 million check signed by Graybar President Frank A. Ketcham.When the country entered World War II , Graybar's ingenuity and knowledge of logistics proved to be of immeasurable value in providing war-needed goods. Graybar became a vital link between America's manufacturers and America's defense needs. Defense-related business continued in the postwar years, with Graybar again aiding the military during the subsequent Korean War and Vietnam War . Overall the company enjoyed strong growth in the years following World War II, its momentum not checked until the recession of the mid-1970s, which led to Graybar slashing its workforce by 20 percent. As a result, when economic conditions improved in the 1980s Graybar was unable to gear up quickly enough to meet the rising demand for electrical products.The corporate headquarters moved from the Graybar Building in New York City read more

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