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Matches in DBpedia 2014 for { ?s ?p Magnus Wahlstrom , born October 28, 1903 in Surahammar Municipality, Sweden, died January 30, 1972 in Bridgeport, Connecticut, was a Swedish American entrepreneur. He was married to Agnes, born Johnson, and got with her the daughter Eleanora.In his youth he worked on Surahammar's Mill, first in the office and then in the mechanical workshop. Magnus Wahlstrom moved to United States in 1923. First stop was Chicago. In Chicago he met another Swedish, Rudolph Bannow (1897–1962) . An other friend was Gerhard 'Gerry' T. Rooth.The meeting with Bannow was the start of a successful partnership. These two began by producing electric hedge clippers. Eventually they went over to start manufacturing milling machines. After much hard work, so came the first universal milling machine in 1932. The company had now established itself in Bridgeport, named Bridgeport Machines Inc. After that it started with milling, the company started to go better.In 1968 the company was sold to Textron for 101 million USD, about 850 million USD in 2014 values. Upon sale the company employed approximately 1000 people.Wahlstrom put out a lot of time and money to charity. He helped among other things, poor in Bridgeport with rent and food. Wahlstrom also invested capital in the paper Nordstjernan in 1953 for the newspaper to avoid bankruptcy.University of Bridgeport Library is named after his support to the university.. }

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