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The Journal Herald from Dayton, Ohio • 33

Location:
Dayton, Ohio
Issue Date:
Page:
33
Extracted Article Text (OCR)

Amusement park firm sold, but tradition will stay 1 Jf By Bralnard Piatt journal Htrald Builrmt idllor plan to spend, nor would he say how many additional employes will be hired, contendine those VASZIN PLANS to maintain an office in the property on Hatfield and continue to serve the firm in a consulting men instrumental in upgrading it recently. A MERGER of Cedar Park Aurel who will be 88 this month, is hanging up the conditions depend on how much capacity. into Taft Broadnasting also Is in the works. Taft is the owner of Wade and George A. Roose, Kings Island and has other officers of the investmant banking firm of Roose, Wade Co.

amusement parks on the draw know Dayton, having made in ing boards. Wade said the nredictton of vestments in the area. i Vaszin that the new owners pltfri to "go big" hit the nail right on the head. Wade said they handled the financing on the Philips Indus equipment that made him one of the world's leading designers and builders of amusement park devices. he has sold his National Amusement Device Co.

at 139 Hatfield St. to a Toledo group planning to continue and expand the businesst The firm 'will be operated as International Amusement Device with George S. Wade as president, William D. Roose, vice A.Roose, treasurer, and Guy M. Davis, attorney and secretary.

"We Dlan to fix evervthine uo tries office building and were part of the underwriting group the business grows. "BUT WE THINK the opportunity is big and we expect to make the most of what we see as a strong future," he said. He would not give a purchase price but the transaction included an acre and a half of land, a building, equipment and three residences. Vaszin came to this country from Romania, which he intends to visit this summer, and started working for an amusement park developed in New Haven, Conn. His first trip to Dayton was to on the Good Samaritan and get any new equipment we might need to carry on the good (name and a of Mr.

Vaszin," he said. Hospital. Roose also is the vice chair man of Cedar Park Amusement He would not say how much Park and was one of the two money he and his associates Federal Express adds Dayton to overnight list rw1 a -1 If Journal Herald engineer Lakeside Park in 1913, but he did not return to start his own business until 1919, when he had saved up $2,500. OVER THE YEARS, he estimates he built about half of the roller coasters in the older parks, getting a lot of work referred to him by his original employers. Don Nordstrom of Big Hill estate transaction, reports Vaszin has not really solicited business since 1961, when his outside salesman was lost in a private plane crash.

Since that time, Nordstrom said, he has taken only enough work to keep his employes busy, seven for a time and now six. He still managed, in 1963, to build the world's largest roller coaster, at a cost of $600,000, in Mexico City. It is 110 feet high. usiness and Finance Federal Express, which has been serving Dayton with air mail dispatch and delivery for the last year, Is adding the city to its new 25-city "overnight" freight delivery system. Announcement that Dayton is being edded to the system as a "base city" was made by Federal and Dayton Development Council officials yesterday, morning at Cox Municipal Airport.

The company will base two of its 34 Frenchbuilt Falcon business jets and a work force of five or six people at the airport. Overnight service within any DEVELOPMENT COUNCIL vice-president Dudley Kircher said: "There is nothing like this service here or anywhere else. It is a system with portal-to-portal priority delivery of small packages in which the company has control over both ground and air transportation. "They use their trucks and their planes with guaranteed service to predetermined points. "It gives us an ability to better merchandise Dayton to potential businesses." Federal president, James F.

Smith, 28, said Dayton could become one of the system's hub points if the business prospers and expands. The city, he said, has a bigV supply of potential freight users, and is within 600 miles of 70 percent of all the potential business users of the service in the U.S. FEDERAL'S OVERNIGHT service, which is to start Monday, will connect Dayton with HoH Pkol by wolt Klin Thursday. April 12, 1973 33 two points in the system will be available. The firm maintains its own truck fleet, also.

Aurel Vaszin in his amusement park equipment factory He also built one in Guatemala, where he had to dig 28 feet out of the side of a mountain to get the grade for the ride. HE BUILT THE first steel Potpourri roller coaster in the world five years ago and two smaller units last year. His devices include a number mini mittee in Hannover, West Germany i The McCall Printine Co. has of miniature trains, including tnose ior Buscn uardens, as Rochester, Newark, Philadel jwell as a full-sized reproduction of the Union Pacific for Le-j Sourdsvllle Lake Park here. I Donald Compton handled the promoted Kussei r.

tiaaicK 10 chief industrial engineer and phia, Detroit, Cleveland, Pitts-burgh, Columbus, Cincinnati, given Clifford L. Miller, director! Milwaukee and Chicago. legal transaction for the deal which also will free Vaszin to John Simonls has been named manager of manufacturing for the outdoor power equipment division and Ohio Bicycle Division of the Huffman Manufacturing making him head of these operations at both the Celina and Richmond plants. He has headed manufacturing "at the Azusa, operation Six different fork lift truck models made by Crown Controls International Corp. have been awarded the excellence in industrial design citation by a com of engineering services, the title of director of engineering and maintenance visit China next summer so he st Isss od giirdls" can try acupuncture in an effort to improve his hearing.

He has sent trains and rides Also, 1 i Indianapolis, Kansas City, St. Louis, Nash-ville, Greensboro, Oklahoma City, Little Rock, Forth Worth, Memphis. Atlanta, New Orleans, Jacksonville and Miami. All shipments will go through Federal's home port, in Memphis, then be redispatched to the Winters National Bank built in Dayton to Venezuela, Brazil, lexico City, Canada, Trust Co. directors have declared a quarterly dividend of 50 Australia, rvew Hong Kane.

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Pages Available:
695,853
Years Available:
1940-1986