Word: backlog
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...Miami hospital (result of a crackup in his new Cessna), he values his life more now. Last week he estimated Lear Avia's 1940 earnings: in excess of $100,000 on sales of $968,000. And sales are no longer a problem. His $5,000,000 backlog includes South American, Norwegian and Canadian orders. To help fill them Lear has a new factory in Hollywood (making electric motors with magnetic clutches), plans another near Dayton...
...Bethlehem, the No. 2 company, set an all-time record with earnings of $48,677,524 ($14.04 a share), well over 1929's $42,242,980. Its year-end backlog was $1,204,100,000 (including shipbuilding orders as well as 2,229,000 tons of steel): some of it will take up to three years to run off. Bethlehem also operated last week at 100% of capacity (11,850,000 tons a year...
...Still walking a picket line in Bayonne, N. J. at week's end were employes of the struck Babcock & Wilcox Co. plant, which has an $18,000,000 backlog of orders for marine boilers and other equipment for the U. S. Navy. Union demands, which union members assert the management refused to discuss, were for an 8? boost in the minimum wage of 57? an hour, a 10? hourly increase for all other workers, bonuses for workers on the night shifts...
...capacity again last week, and new orders were piling up faster than ever. Automakers competed in the market. Pennsylvania Railroad announced a car-building program ($17,500,000 worth) that would require some 80,000 tons of steel; Union Pacific announced one almost as large. Steel's backlog grew bigger than ever, pushed delivery dates on new orders well into 1941's second quarter. Hence one of the hottest questions in Washington-should steel expand its capacity?-grew hotter than ever...
...plant at Seattle, Wash. Boeing is turning out contract orders for 80-odd four-motored Flying Fortresses weeks ahead of schedule, will go into production in April on a whacking order for more than 500 additional Fortresses of a later model. Odds & ends in its $190,000,000 backlog include Douglas light bombers for Britain (manufactured under license), other British warplanes, and six Model 314 flying boats intended for globetrotting Pan American Airways...