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Egbert is rapidly diversifying Studebaker into nonauto lines, from chemicals to ice cream cabinets. Last year he spent $47 million on four acquisitions, including Trans International Airlines, whose one DC-8 and four Constellations haul passengers on charter. Egbert is also expanding into the international market with Studebaker's Franklin Manufacturing, which sells refrigerators and freezers to mail-order houses. Other subsidiaries include Clarke floor polishers, Gravely small tractors, Onan engines and generators. Together, the safer nonauto lines account for 50% of Studebaker sales and have kept the company afloat.
