Gearhart - Pengo

Pengo

Throughout the 1970s friction began to develop between the two men who had before almost always agreed on everything. Gearhart did not like selling torpedoes and hand grenade fuses to the military, but there were also other disagreements about the future direction of GO. In 1978, Marvin Gearhart and Harold Owen parted company with Owen taking the non-wireline share of the company, this included PSC and the ordnance facility. This new company that used the name Pengo Industries, was also located in Fort Worth and agreed not to compete for three years.

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