Paul Galvin

Main

Worked with D&G Storage Battery Company.

1919 - 1926

Returns from war

1919

Battle with Leukemia

1957 - 1959

Death leads to succession by Robert Galvin

1959

Internal Events

Had 3 failed business attempts

1919 - 1926

Paul and Joseph Galvin found Galvin Manufacturing Corporation

1928

Motorola name is invented

1930

Paul decides to take company's cash out of the bank

1932

Re-enters home radio business

1937

Paul orders a reduction in inventory price

1937

Paul Galvin's wife dies, inheritance taxes cause IPO

1942

IPO

1943

Motorola buys Detrola Company which supplied Ford

1947

External Events

"Black Friday": Stock market took a dramatic drop

1929

Ford sold their first 3 million cars

1930

Chicago banks had large losses

1932

Economic Recession

1937

World War II

1939 - 1945

Inventions

Dry battery eliminator developed by Stewart (partner)

1928

Car Radio Invented, began to be sold to Ford

1930

Police Radio

1939

Motorola produced the "Handie Talkie" and commercial radios

1941

Car Radiotelephone

1946

First TV

1947