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Show New Members Appointed Helix Marks Expansion to FB Board Salt Lake City board of directors of F-- Continued From Page Nine ponton boat or to be used in a hydrofoil. A commercial gas turbine would provide the power to turn the generator and the generator would feed electricity to the DC motor. The motor would allow the boat to run quietly and give it the capability in instant reversing. Cole said that a cryogenic electromagnet with the diameter of a coffee cup would The president of the companys Truck leasing subsidiary, who reLine Company (OTC 5.50, signed to enter private busi6.25) at their regular monthly ness. Sid H. Eliason, Jr., presimeeting appointed two new members to the Board of dent of Charleston ApartDirectors. ments, Inc. was appointed an Alan R. Wilson, vice additional member of the of the president company was board of directors, increasing appointed to fill the unexpired the number of directors to term of Ted Hamilton, former seven. B have the same power capability as a conventional electrodiamagnet with a meter. sensitivity in some alloys, Cole continued, is used in such deapplications as infra-re- d tection equipment, communications satellites and their 12-fo- ot With that capability. Helix is working the Japanese government on magnets for a proposed train that would use magnetic repulsion to float above a track. If built, the train would run from Tokyo to Osaka at speeds up to 300 miles an hour. The ability to increase with antennas and earth-boun- d microwave equipment. Almost all of the antennas used in outer space communications are equipped with Helix products, he added. Another application of cryogenics, he said, is in the forming of crystals by the semiconductor industry. Nearly all of the major semi- conductor companies use the firms equipment in the manufacture of crystals and circuits. In the cryogenics field, he said, 40 percent of the firms business is in energy, 40 percent in military applications and 20 percent with private industry. The third subsidiary, which produces about 35 per- cent of the companys business is Inc., headquartered in Waltham with its manufacturing plant in Denver. According to Don Hunter, the subsidiarys president, the firm started by using cryogenic technology to control gaseous waste streams from nuclear power plants. From there, it expanded $0 wtinfe CTI-Nucle- ar into environmental control equipment for nuclear plants and plans to expand into environmental control equipment for regular utilities, by necessity. He explained that the. company has a high market potential during the next two years because of the great number of nuclear plants being built, but, because of the slowdown in nuclear plant activity, there will be a valley in earnings after that time and until the nuclear plant building pace recovers. To fill in that valley, he said, the company is trying to develop products for conventional electrical generation. Each sale is important for the subsidiary, he said. Sales run generally between $500,000 and $3 million, with a typical nuclear plant requiring between $1 million and $2 million of the type of equipment produced by the firm. Scotts Outlook For further information please call James llarrett , Chairman. Area Code 208 356-422- Brighter 9. continued from page Eleven years. Goldstein said, that test marketing of the system should be completed in the Denver area in two to three weeks, and the results of the campaign will determine whether the system will be marketed nationally. Goldstein said the obvious applications for the machines are in doctors waiting rooms and examining First Lombard Corporation Investment Bankers Salt Lake City Idahb Falls rooms, schools, nursing homes and hospitals, as well as private Homes. ' I t i ' , r r 1 I M I M i , J ! I 1 1 : t ; 1 |
