Corporations: New Life in an Old Giant

Any company that makes both reactors for nuclear submarines and $1.25 magnets for extracting wire and nails from cows' stomachs has some claim to diversity-and Westinghouse Electric claims to be the world's most diversified company. The oldest electronics firm and the second biggest producer of electrical equipment (after General Electric) in the U.S., Westinghouse makes 8,000 different products in 300,000 variations. The company's 59 divisions, with their 64 plants spread through 20 states, daily confront almost every American with some Westinghouse product, from 6,000 types of light bulbs to the output...

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