Word: alcoa
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Died. William Harold Hoover, 63, president (since 1949) of Anaconda Copper Mining Co., the world's largest copper producer, who last year launched Anaconda into the aluminum business, making it fourth in the field (after Alcoa, Reynolds, Kaiser); of cancer; in Butte, Mont...
...Giant. How big Reynolds' empire is may be measured by the fact that in 1939, U.S. aluminum production was only 327 million Ibs., and all of it was made by Alcoa. The new Reynolds plant alone will make 160 million Ibs. a year. Moreover, when Reynolds completes its new $35 million reduction plant at Arkadelphia, Ark., the company's total aluminum capacity will be 829 million Ibs., 2½ times the whole nation's prewar production. Reynolds itself, little more than a maker of packaging foil before World War II, will then be the nation...
Reynolds' new plant burns natural gas (40 million cu. ft. daily) as does Kaiser's new $115 million plant at New Orleans. Alcoa, still kingpin of the Big Three, will soon complete an $80 million plant at Rockdale, Texas, using lignite, a peatlike fuel...
...quarter. Far from presaging a glut, this prospect encouraged aluminum boosters like Dick Reynolds to predict that aluminum was just beginning to tap its future markets. "For the first time," said Reynolds, "there will be enough aluminum for major potential users to consider its use on a large scale." Alcoa's President Irving White Wilson is even more optimistic. Says Wilson: "Can we sell all this aluminum we are gearing up to produce? Yes, and maybe quite a lot more. Aluminum has only begun to realize its ultimate potentials...
...presses for 2½ years, got a contract to build a $17 million plant at Newark, Ohio to house two of them-a 25,000-tonner and a 35,000-tonner to be built by E. W. Bliss at a total cost of $14 million. Only two weeks ago, Alcoa got a letter of intent to operate a 35,000-tonner and a 50,000-tonner to be built by United Engineering & Foundry and Mesta Machine. Wyman-Gordon has a contract to operate two similar presses which Loewy Construction will make...