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Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. Originally, the company focused on manufacturing and resource extraction. Beginning in 1966, and continuing throughout the 1960s and 1970s, the company purchased a number of entertainment companies, most notably Paramount Pictures in 1966, [1] Desilu ...
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Company profile page for Gulf & Western Industries Inc including stock price, company news, press releases, executives, board members, and contact information
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Gulf + Western Inc.,, corporation that was founded in 1958 by Charles Bluhdorn and became one of the most highly diversified conglomerates in the United States. Gulf + Western took control of the Paramount Pictures Corporation ( q.v. ) in 1966.
Market Value: $4.817 billion. Stock Index: New York. Company History: After years of conducting operations in everything from auto parts to zinc, Gulf & Western has recently narrowed its focus. Today, its primary businesses are in entertainment, financial services, and consumer products.
Gulf & Western. In 1956, Bluhdorn acquired Michigan Plating and Stamping, a small auto parts company that eventually grew into Gulf and Western Industries, a conglomerate that ranked 61st in the Fortune 500 by 1981.
In 1966 Gulf + Western Industries took control of the corporation. Paramount Pictures became a key element in the restructuring of Gulf + Western from a diverse conglomerate into one focusing on media and communications—a transformation reflected when Gulf + Western changed its name to Paramount Communications Inc. in 1989.
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