Name: | Fidelity Tube Corp.; East Newark, NJ (USA) |
Abbreviation: | fidelity |
Products: | Tube manufacturer |
Summary: |
Fidelity Tube Corporation
Manufacturer of metal and glass type TV tubes. President: Benjamin Ozaroff |
Founded: | 1950 |
Closed: | 1954 |
Production: | 1950 - 1953 |
History: |
The Fidelity Tube Corp was organized in 1950 for the production of larger site TV picture tubes, with a 75,000 square feet manufacturing facility. They shared the facility with Gem Radio and Television Corp. in 1952 and in 1953 Jewel Radio Corp. also shared that address. All three companies filed under Chapter XI of the Bankruptcy Act (published in "Radio Electronics" Feb 1954). Fidelity Tube Corp. and its affiliated Gem Radio and Jewel Radio Corp., lists $1,168,233 liabilities and $943,570 assets in schedules filed in connection with Chapter XI hearings ("Television Digest", Washington DC, Vol 10, No. 1, January 2, 1954). Further, more than $1,000,000 tax claimes were pressed against the 3 firms. The companies were adjudged bankrupt in the 1st week of Feb, 1954. The assets were sold off on auction March 3, 1954 and sold for $370,060. |
This manufacturer was suggested by David Erali.
Further details for this manufacturer by the members (rmfiorg):
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