Word: alcoa
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...plentiful in nature (it occurs in sea water), it is difficult to extract and fabricate, requires a special coating to protect it from corrosion and combustion. Arnold's indictments charged that patents on these processes had been used to set up monopoly control. Named chief co-defendants with Alcoa and I. G. Farbenindustrie were American Magnesium Corp. (half owned by Alcoa), which is the chief U. S. processor of magnesium, and Dow Chemical Co., which in 1927 developed a native American process for extracting the metal from Michigan brine wells...
...denounced Northrop for reporting "shortages which do not exist," declared that the company had already resumed a full working schedule. Mr. Stettinius was less explicit when he said: "[There are] no serious shortages in aluminum . . . now required for national defense. Certain temporary delays in delivery will doubtless occur. ..." That ALCOA could supply defense demands without curtailing its ordinary commercial business, Mr. Stettinius noticeably failed to promise. Guns already had priority over butter knives...
...America, which has a near-monopoly of the production and fabrication of aluminum in the U. S. and Canada. Also touchy was Defense Commissioner Edward R. Stettinius. Reason: instead of trying to stimulate emergency competition, he has preferred to recognize the facts of aluminum life, deal with ALCOA for defense...
Aluminum's quirks by last week had produced some very special, very tight bottlenecks in aircraft production. To do its fabricating job on ALCOA schedule, ALCOA demanded orders far in advance of delivery, frankly declined to promise prompt action on short-term orders. Well-run, well-financed aircraft and engine companies presumably had the brains to plan ahead, the money to keep big aluminum stocks on hand for current use. But, as the U. S. aircraft industry is at present organized, long-term supply alone simply did not fill the bill. Even the biggest companies (Boeing, Douglas, Curtiss-Wright...
Much of the expansion was forced by TVA's own industrial customers, many of whom are beaver-busy with war orders. Last week TVA customer Vultee Aircraft announced a $9,000,000 expansion at Nashville. Aluminum Co. of America's aluminum sheet (for planes) plant at Alcoa, Tenn. is the only Alcoa sheet plant in a U. S. prime defense area. B. F. Goodrich Co. at Clarksville, Tenn. is making gas-mask parts. Other TVA plants are making gun and shell parts, boilers, airplane fabrics, ferromanganese. Army shoes, blankets, underdrawers, etc. Biggest defense plant in the region will...