Word: ingots
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...Chicago, Inland Steel Co.'s President J. L. ("Joe") Block unwrapped a program that will cost $260 million and boost the No. 7 steel producer's ingot capacity 15% by 1959, to 6,000,000 tons...
Further expansion in most industries, said he, will push capacity beyond the goals set for defense needs. From now on, no more write-off certificates will be given for 26 types of expansion. Among them: aluminum plants, steel-ingot and pig-iron facilities, airports, diesel locomotives and ore carriers. But Flemming increased some other goals. Among them: commercial aircraft, research and development laboratories, copper plants...
...replace older cars rather than expanding the total number of cars. Looking over the expansion goals it had set in 1951, ODM found that aluminum facilities in place, under construction, and planned will bring the yearly capacity to 1,778,000 tons, 32,000 over the goal. Steel-ingot capacity has jumped more than a million tons over its goal of 124,300,000. Steelmen this year tried to get the goal raised to 150 million and got the idea approved by the Business and Defense Services Administration. But the Defense Mobilization Board killed...
Before the settlement, the U.S. lost about 800,000 ingot tons of steel because of the twelve-hour strike of the steelworkers. This week the men were back to work; their leader, silver-haired, mellifluent David J. McDonald, was almost satisfied that he was keeping up with the Reuthers (TIME, June 13 et seq.). Last year McDonald gave up quickly on his demand for a guaranteed annual wage. He could not raise that issue this year because the greatest part of his contract, except for wage clauses, runs until...
...aluminum smelter on the site of the old Indian village of Kitimat. The alumina ore came in Alcan freighters from Jamaica through the Panama Canal to Kitimat's newly dredged harbor. In the Kitimat smelter, the power processed the alumina into the first 4O-lb. ingot of Kitimat aluminum. Now set to produce 180 million Ibs. of aluminum a year, Kitimat eventually can climb to a billion pounds as the market grows...