I think that with the inventor working to improve his halogen light we
should consider investing in this company. Improvements to the light
will mean higher earnings.
Quote:
Elmer Fridrich's promotion in 1955 to research associate at GE's Nela Park didn't throw him right into the sexiest jobs at the East Cleveland lighting innovation center.
He became "the father of halogen lighting," as a GE executive called him, in the course of plugging away at the design for a new heat lamp. He and the company patented the bright, bright light source in 1959. Now, with hundreds of millions of lamps sold, halogen lighting has become a fixture in homes, museums and retail stores worldwide.
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By FRANK BENTAYOU
General Electric
You have to read the rest of the article it is quite interesting.