Word: ecusta
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Dates: during 1950-1959
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YOUR CAPTION UNDER PICTURE OF ECUSTA PLANT CALLING IT "WORLD'S NO. 1 MAKER OF CIGARETTE PAPER" IS INCORRECT. FACTS ARE THESE: ECUSTA HAS TOTAL OF ONLY EIGHT PAPER MACHINES. PETER J.SCHWEITZER, INC. HAS 31 PAPER MACHINES WORLDWIDE: 16 DEVOTED TO MANUFACTURE OF CIGARETTE PAPER, WORKING 7 DAYS A WEEK, 24 HOURS A DAY PRODUCING CONSIDERABLY MORE CIGARETTE PAPER PER YEAR THAN ECUSTA...
...TIME'S caption should have made it clear that Ecusta is the biggest single plant making cigarette paper...
...Lucius DuBignon Clay, 53, General, U.S.A. (ret.), onetime commander of U.S. forces in Europe and military governor of the U.S. zone in Germany, took over the $96,000-a-year chairmanship of the $250 million Continental Can Co. General Clay resigned last November as president of the Ecusta Paper Corp. after seven weeks' service, when the company was acquired by Olin Industries, whose principal business is the manufacture of cartridges and small arms. Old Soldier Clay thought he should stay out of the munitions business...