We missed a significant birthday last week. On the 16th June 1911 the Computing Tabulating Recording Corporation was formed through the merger of four companies: The Tabulating Machine Company, The Computing Scale Company, The International Time Recording Company and The Bundy Manufacturing Company. Shortened to CTR the company manufactured a wide range of products, including employee time-keeping systems, weighing scales, automatic meat
slicers, coffee grinders and punched card equipment.
Based in New York City, the new company had 1,300 employees and offices and plants in Endicott and Binghamton, New York; Dayton, Ohio; Detroit, Michigan; Washington, D.C.; and Toronto, Ontario. In 1914 the owner of CTR, Charles R. Flint, hired the number two executive from NCR, Thomas J Watson to manage the business. NCR had already been around for 30 years by this time! It was he who introduced the famous company slogan “THINK”. And it was he who on February 14, 1924 formally changed the name of the company to International Business Machines Corporation, later to be abbreviated IBM.
As with many things in life one has to wonder how many of our current generation of companies will become centenarians?