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In March 1985, the Malleable Iron Range Company filed for bankruptcy protection with assets of $7 million and debts of $5.8 million. [9] In July, 1985, the assets, excluding buildings and land, were purchased for $2.36 million by the Famco Machine Division of Belco Industries of Kenosha, Wisconsin. [10]
A "drop-in range" is a combination stovetop-and-oven unit that installs in a kitchen's lower cabinets flush with the countertop. Most modern stoves come in a unit with built-in extractor hoods. Today's major brands offer both gas and electric stoves, and many also offer dual-fuel ranges combining a gas stovetop and an electric oven.
The company was renamed Caloric Appliance Corp. in 1954 and became famous for offering a complete package of kitchen appliances in the 1950s and 1960s. Its most popular product was their built-in wall oven. In 1967, it was acquired by Raytheon Corporation which also owned Amana refrigerators and Speed Queen laundry products. By the early 1990s ...
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Gas flares were common sights in oilfields and at refineries. U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.
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