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:
“To care for the quarrels of the past, to identify oneself passionately with a cause that became, politically speaking, a losing cause with the birth of the modern world, is to experience a kind of straining against reality, a rebellious nonconformity that, again, is rare in America, where children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“What is most interesting and valuable in it, however, is not the materials for the history of Pontiac, or Braddock, or the Northwest, which it furnishes; not the annals of the country, but the natural facts, or perennials, which are ever without date. When out of history the truth shall be extracted, it will have shed its dates like withered leaves.”
—Henry David Thoreau (1817–1862)