Word: boxboard
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Dates: during 1930-1930
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TIME's reason for calling the meeting at George W. Gair's home "secret": a nearby local paper had been warned not to mention it: the Robert Gair Co. itself refused to give information about an apparently similar meeting last fall; boxboard men in general would give information only upon receiving TIME's promise that their identities would not be disclosed. TIME mentioned a possible merger between the Robert Gair Co. and the Container Corp. of America because several important boxboard men believe it will eventually happen, some insist negotiations have been begun. The present denial...
...Boxboard, made of matted wood or other substances such as straw...
Container Corp. Robert Gair Co. is the leading folding-box maker. Container Corp. is dominant in containers, has boxboard mills with a capacity of 1,200 tons per day. Last week Container Corp. absorbed the $5,000,000 Sefton Mfg. Corp., whose products include folding-boxes. Through this deal Container Corp. became a complete unit in the industry, in a position to expand until it becomes "the U. S. Steel of Paperboard companies." Although many more mergers must take place before such a centralization can be effected, paperboard makers hope it will happen, believe that such is the desire...