Word: alcoa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
ALUMINUM COMPANY OF AMERICA. War orders will be sorely missed. Alcoa has delivered $2.2 billion of aluminum and magnesium since war began, still has a backlog of war orders totaling $200 million. But orders on hand from civilian industries amount to a mere $26 million-equal to two weeks' present aluminum production...
...Justice Department's No. 1 demand-that Alcoa be dissolved, the panel said.no. It held: "It will be impossible to say what will be Alcoa's position in the industry after the war. ... It is as idle for the plaintiff to assume that dissolution will be proper, as it is for Alcoa to assume that it will not be; and it would be particularly fatuous to prepare a plan now, even if we could be sure that eventually some form of dissolution will be proper. ... It will be a disservice to break up an aggregation which...
Victory for Alcoa. For the time, the court held that the remedy lies with the Surplus Property Board. Its job is to dispose of the DPC plants in such a way as to "discourage monopoly." If this meant setting up real competition for Alcoa, it would take some doing...
...Alcoa's own plants, and those it operates for the Government, now supply 92% of U.S. aluminum. The only other aluminum companies, Reynolds Metals Co. and Olin Industries, Inc., supply only a small 8%. Even Reynolds and Olin are tied to Alcoa's apron strings; most of their alumina (the intermediate material between bauxite and aluminum) is supplied by Alcoa...
...Alcoa could say last week: "We have no quarrel with the Department of Justice and expect to be able to work in harmony with...