Funny story from back then. I had a friend who worked for one of the Chicago area manufacturers who was using unit-record equipment for their operation and were quite profitable. The CEO attended an event sponsored by IBM where he was talked into leasing a Model 20 complete with MFCM and 2203 to supposedly "replace" the UR operation. He bit, probably because he had his ego massaged and hired two more people to handle the transition.
The transition was made, but the people that he'd hired for that stage turned out to be needed permanently. To be fair, every morning, he was presented with a nice thick report on 14" greenbar--that he never read. The cost of the whole affair, as you well might imagine, was substantially more than the old UR setup, and, given the nature of the operations, really offered no substantial benefit, other than the vanity one.
The CEO attended an IBM sales bash, not as a current IBM customer, but as an un-automated interested prospect. The marketing engineer that he talked to said something to the effect of "it sounds like your operation is the perfect candidate for a unit record operation".
The next week, the Model 20, card mulcher and printer were gone.