Industry: What's New, Copycat?

The biggest copycats in U.S. business are the manufacturers of copying machines, which are proliferating faster than paperwork in the nation's offices.

Since Xerox brought out the first electrostatic copier in 1960, more than 40 companies have elbowed into the increasingly profitable but competitive business, whose sales of $600 million are rising 20% annually. Into the field last week came another major manufacturer: Los Angeles' huge Litton Industries (fiscal 1965 sales: $916 million). As the first of what will ultimately become a whole family of copiers, Litton introduced the desktop Roy fax 7,...

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