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Crosley's best year was 1948, when it sold 24,871 cars, but sales began to fall in 1949. Adding the Crosley "Hotshot" sports model and an all-purpose vehicle called the "Farm-O-Road" model in 1950 did not stop the decline. Only 1,522 Crosley vehicles were sold in 1952. Crosley sold about 84,000 cars before closing down the operation on July 3 ...
Crosley introduced several "firsts" in American automotive history, including the first affordable, mass-market car with an overhead camshaft engine in 1946; the first use of the term 'Sport(s-) Utility' in 1947, for a 1948 model year convertible wagon; and the first American cars to be fitted with 4-wheel caliper type disc brakes, as well as ...
ETCO Incorporated was founded in 1947 as Electric Terminal Corporation by Joe Dunn in Warwick, Rhode Island. Years later, his son David Dunn purchased a majority stake in the company and sought to build several divisions; successfully integrating the Zero Defects process in its manufacturing operations.
Friends of Seagate Inc. was founded in the late 1980s by Kafi Benz as a 501(c)(3) nonprofit organization in Sarasota, Florida. The historic preservation group lead local efforts protect historic property in the Sarasota-Bradenton area from commercial development. The group later expanded its scope to include environmental conservation.
During World War II, Crosley allowed the U.S. Army Air Corps to use the retreat for its airmen who were training at the nearby Sarasota Army Air Base, the now Sarasota-Bradenton International Airport. The home may also have been used as an officers club for a brief period. Crosley sold his estate property in 1947 to the D and D Corporation. [7]
Crosley operated the facilities for the government until 1963. In 1945, the Crosley interests were purchased by Aviation Corporation. The radio and appliance manufacturing arm changed its name to Avco, but the broadcast operations continued to operate under the Crosley name until they adopted the Avco name in 1968.
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