History
For many years, Monroe was headquartered in Orange, New Jersey and Morris Plains, New Jersey with its manufacturing plants in New Jersey and Amsterdam. In 1958, the company was acquired by Litton Industries. Litton sold it in 1984. In the mid-1980s, the company diversified and began carrying a line of private-labeled copiers (manufactured by Mita Corp.) and cross-cut paper shredders, but those items have been discontinued.
In the 1970s and 1980s, the company had some 300 sales and service branch offices in the United States. In 1972, Monroe announced a pocket-sized electronic display calculator at $269. As low cost electronic calculators from Japan became readily available through retail distribution, the mechanical calculator companies like Monroe, Friden, and Marchant declined even as they introduced programmable calculators.
Read more about this topic: Monroe Calculator Company
Famous quotes containing the word history:
“A man acquainted with history may, in some respect, be said to have lived from the beginning of the world, and to have been making continual additions to his stock of knowledge in every century.”
—David Hume (1711–1776)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)
“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (1896–1970)