Word: alcoa
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...will put Henry J. Kaiser in second place in the industry, bumping Reynolds back to third spot. Kaiser will spend $280 million on two new plants, one at Ravenswood, W. Va., and another at Gramercy, La., boost capacity 50% to 654,000 tons annually, right behind No. 1 producer Alcoa...
...Alcoa Hour (Sun. 9 p.m., NBC). Teresa Wright in Undertow...
...last year, while Bethlehem Steel, in second place, hit its peak with $122,689,308, well above the previous peak of $93,525,000, set in 1953. Other record-setters: Sylvania Electric Products, with $9,556,210, 55% over last year; American Can, with $28,932,161, up 18%; Alcoa, with $55.779.754, 71% over 1954; Vanadium Corp., with $42,516,191, up 59%; Libbey-Owens-Ford, with...
...select group of four U.S. aluminum producers-Alcoa, Reynolds Metals, Kaiser and Anaconda-last week was joined by a fifth, the Harvey Machine Co. of Torrance, Calif. President Leo Harvey, who claims to be the biggest independent U.S. aluminum fabricator and has long wanted to produce his own raw material, signed a deal with the Government to build a $65 million, 54,000-ton-a-year aluminum plant at The Dalles...
...supply of copper grew increasingly short, there was renewed talk of a turn toward aluminum. Reynolds Metals told stockholders that big electrical companies were inquiring about aluminum for electrical wire and that automobile manufacturers were still considering the light metal to replace copper in radiators. Reported an Alcoa official: "We're getting inquiries from a lot of people we've never heard from before...