After failing to interest manufacturers, Thompson sold his self-centering design to Phillips in 1935. Phillips formed the Phillips Screw Company in 1934. After refining the design (U. S. Patent #2,046,343, U. S. Patents #2,046,837 to 2,046,840) for the American Screw Company of Providence, Rhode Island, Phillips succeeded in bringing the design to industrial manufacturing and promoting its rapid adoption as a machine screw standard. One of the first customers was General Motors who used the innovative design in 1936 for its Cadillac assembly-lines. By 1940, 85% of U. S. screw manufacturers had a license for the design. Due to failing health, Phillips retired in 1945. He died in 1958.
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