Word: alcoa
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...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...
...three times as much as any operating U.S. press (although, at the time, the Mesta Machine Co. was making an 18,000-tonner). But the Russians snatched the world's largest, a 33,000-tonner. The U.S. later turned the two German presses over to Bohn Aluminum and Alcoa to experiment with aluminum forgings. But while the Russians put their big press to work and started building a 55,000-tonner the Germans had designed, a U.S. big press program lagged. Last week it got into high gear...
...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...
...produced in the Pacific Northwest, normally the source of abundant hydroelectric power. But last week that power was growing scarce; the Columbia River, which is studded with dams (Grand Coulee, Bonneville), was at the lowest level in 20 years. As a result, aluminum's Big Three-Alcoa, Reynolds and Kaiser-were forced to cut their Northwest production as much...