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IBM launches a program to train and employ disabled people in Topeka, Kansas. The next year classes begin in New York City, and soon the company is asked to join the President's Committee for Employment of the Handicapped.
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IBM builds plant at Poughkeepsie, New York, and expands the Endicott, New York, plant. Both plants win Army-Navy "E" awards for their contributions to the war effort. The Munitions Manufacturing Corporation Inc., in Poughkeepsie, New York, becomes IBM Plant Number 4.
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The Ticketograph Division is acquired by National Postal Meter Company.
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The first Radiotype school is established. The Radiotype was an IBM product which sent and received messages via shortwave radio, and automatically typed them out on a typewriter. Developed in the mid-1930s to facilitate interoffice communications for geographically spread organizations, it received its first significant use with U.S. military forces during World War II.
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Employees |
18,754 |
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Revenue |
$86 M
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Net earnings |
$8 M |
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Dividend |
5% |
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