Document zQwn6J2wmQw64YGaoa915xXrB

SALES BY PRODUCT GROUPS Ain COMPRESSORS HWIUtUUC PRODUCTS I FRICTION MATERIALS FRICTION MATERIALS iiss anjmjiaa mi tIUMIMOO The processes of chance and growth have been almost continuous since Brake Shoe was founded as a railway supply company in 1902. The company first diversified into the castings and forgings busi nesses and later into aucomolive and industrial friction materials, fn 1953 a fourth dimension was added to the company *ith its entrance into the manufacture of hydraulic equipment. The above chan illustrates how the company has grown in volume of sales and how hydraulic equip ment has become a major segment of the business while sales of railroad products have declined as a per centage of the total. The chart below indicates the growth and volume of new products since 1955. These new products, which were developed in out research laboratories or acquired with the companies Brake Shoe has pur chased, account for the growth the company has made in the last eight years and they provided 3 3 per cent of the sales in 1962. Today. Brake Shoe is a widely diversified enterprise serving a broad span of industries with hun dreds of products. GROWTH OF NEW PRODUCTS ; HYDRA'wUC PROOUCTS I OTHER PRODUCTS M2UICNS OF 00UARS 60 . U'iL-V^tC * WUdi md? SWiT 30 ^*1 62 SCI 01856