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With equal satisfaction Consolidated stockholders fingered the latest financial report of young (42), blond Alden Gallup Roach, harddriving, quick-thinking Consolidated president. In the six months ending last February, the 241,617 shares of common stock earned $2.81 apiece (in 1935 the shares were valued at exactly...

Author: /time Magazine | Title: SHIPBUILDING: Rise of Consolidated | 6/14/1943 | See Source »

Skyrocket. For years Consolidated struggled along as a modest steel fabricator (one of its big jobs was making spillway gates, tunnel forms, for Boulder Dam) until the defense program handed it a sky rocket. But it was Alden Roach who touched it off, watched his company soar to its present annual rate of $250,000,000, almost 150 times the bleak...

Author: /time Magazine | Title: SHIPBUILDING: Rise of Consolidated | 6/14/1943 | See Source »

...graduate engineer, Alden Roach knocked about for five years learning practicalities before joining the Union Iron Works in Los Angeles in 1927. When Union merged with two other small companies to form Consolidated a year later, Alden Roach, already up & coming at 27, became manager of the industrial buildings department. Coached by President Reese Hale Taylor, he became a crack salesman, was promoted to vice president for sales and engineering. When President Taylor left to head Union Oil in 1938, Alden Roach was considered too young for the top job, but not too young to be executive vice president...

Author: /time Magazine | Title: SHIPBUILDING: Rise of Consolidated | 6/14/1943 | See Source »

Inland Ships. Although Consolidated is inland and had never built ships, Alden Roach grabbed all the Navy and Maritime Commission contracts he could reach. He had a plan. Consolidated would prefabricate ships in the plant at Maywood, trans port parts 22 mi. by truck and assemble them in yards at Wilmington and Long Beach. In August 1941 Alden Roach was upped to the top. He went right on expanding the company in all directions. He cagily hired Captain Harry B. Hird, former commandant of marine construction at Pearl Harbor, had him ready to run the huge consolidated naval-craft plant...

Author: /time Magazine | Title: SHIPBUILDING: Rise of Consolidated | 6/14/1943 | See Source »

Emphasizing the importance of the airplane in modern chemical warfare, Brigadier General Alden H. Waite, officer of the Chemical Warfare Service and outstanding authority on gas attack, also stressed the imminent possibilities of future attack with poison chemicals before a large audience at the Mallinckrodt Laboratories last night. The address was sponsored by Alpha Chi Sigma, chemical fraternity...

Author: NO WRITER ATTRIBUTED | Title: General Waite Warns Germans May Use Gas | 4/2/1943 | See Source »

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