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Thomas J. Watson, Sr., joins the Computing Tabulating Recording Co. (C-T-R) as general manager. The next year Watson is elected president of the company.
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Use of accounting machines begins to spread. The accounting product line includes the mechanical key punch, the hand-operated gang punch, the vertical sorter, and the tabulator. Customers include railroads, chemical companies, utilities and life insurance companies.
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C-T-R's Endicott, New York, plant produces time-recording equipment; the Dayton, Ohio, plant makes scales; and the Washington, D.C. facility makes keypunch cards.
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The company hires its first disabled employee, 59 years before the passage of the Rehabilitation Act of 1973 and 76 years before the Americans with Disabilities Act.
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Employees |
1,346 |
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Stockholders |
700 |
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Revenue |
$ 9 M |
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