Word: corps
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Dates: during 1920-1929
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...Arrangements were virtually completed last week for the Texas Corp. to acquire the California Petroleum Corp. through an exchange of stocks. The Texas Corp. is the largest "independent" oil company in the U. S., has total assets of $432,000,000 including 2,400,000 acres of oil lands in the U. S. and Mexico. The California Petroleum Corp., with assets of $98,000,000, has 70,000 opulent acres in California. Reason for the merger: to expand the Texas Corp.'s operations in the Far East in order to compete more effectively against the Standard...
Elected. T. M. Girdler, vice president in charge of operations for Jones & Laughlin Steel Corp. of Pittsburgh, to be president; to succeed Charles A. Fisher, resigned to withdraw from active business...
Cheese. Kraft Cheese Co. and Phenix Cheese Corp. solved the difficult matter of preparing cheese so that they could be sold in convenient packages, and together acquired joint rights to important patents. Others who infringed those patents were sued and defeated. That left Kraft's President James Lewis Kraft and Phenix's President Jason F. Whitney free to discuss the mergers of their companies. Last week President Kraft announced that Kraft Cheese had bought the assets of Phenix Cheese, that it was forming a new company (Kraft-Phenix Cheese Co.) worth roundly $20,000,000, that he would...
Sterling Silver. Manufacturers are Reed & Barton Corp., of Taunton, Mass., Dominick & Haff, Inc., of Newark, N. J. and McChesney Co., also of Newark, N. J. (controlled by Dominick & Haff). They have merged...
...usual at this time in January, the output of iron & steel foundries perked up and the founders became as cheerful as recently they had been glum. U. S. iron & steel works have a practical capacity of 50,000,000 tons a year. Because the U. S. Steel Corp. was working at 60% of capacity and the several smaller companies at an average of 57½% of capacity during the Christmas holidays, the whole of 1927 seemed to have been a poor year for the industry. Yet, reported the American Iron & Steel Institute last week, the companies produced...