MACHINERY MAKERS ACT TO BALK SLUMP; Would Solve Future Problems by Providing Three-Phase Management Pattern TECHNICAL SESSIONS HELD ' Muitiply Types of Customers to Stabilize Employment,' Industry Plan of Action
Machinery manufacturers a meeting and solving future recession problems now, leading executives revealed here last week. Actions taken during the past month, and continuing through the fourth quarter of this year, assure that future business volume will be diversified so as to avoid severe cyclical depressions of the past, will stabilize employment and multiply the types of customers serve by equipment manufacturers.