Word: ishikawajima
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Japan's new generation of tankers is getting too big for its berths. The world's latest heavyweight champion of the seas, a 276,000-ton ship built by Ishikawajima-Harima Heavy Industries Co. (IHI), last week had to be eased prematurely down the ways in Yokohama with upper portions of her towering hull unfinished. When completed, the new tanker, made in Japan for the U.S.'s National Bulk Carriers, Inc., will pack an incredible 2.2 million barrels of crude oil on her route from the Persian Gulf to Ireland, via the Cape of Good Hope...
...ship, built by Ishikawajima-Harima for the U.S.'s Caltex Corp. at a cost of $12 million, is notable for more than its size. Its valves, pumps and winches are so automated that the giant vessel requires only a 29-man crew. Its construction, from keel laying to launching, was accomplished in an extraordinarily speedy 140 days...
...central concentration of Japanese industry is in Brazil, to which sizable numbers of Japanese farmers have been emigrating since 1908, notably to Sao Paulo. The Japanese in Brazil control 67 firms ranging into insurance, banking, cement, glass and machinery. The Japanese-run Ishikawajima shipyard is working on its seventh vessel, and the new Usiminas steel plant, backed by a consortium of 14 Japanese companies, will pour 500,000 tons of pig iron this year. In Peru the Japanese have become leaders in the booming fish-meal industry, are also building a railroad in the backlands. In Honduras, Japan...
Understandably, the Japanese are risking only small amounts in fledgling economies, but the lure is irresistible. Ishikawajima-Harima Heavy Industries, Japan's largest shipbuilder, is putting an initial $1,500,000 into a shipyard in Singapore, has joined in a $2,000,000 cement plant in Malaya. Yawata Iron & Steel...
...decided to go into business with Ishikawajima, which had built engines for Zero fighters during the war, and postwar had switched some of its machines into the manufacture of textile machinery. Koehring Co. took one-fourth of the stock in the new company and a royalty of 5% on gross sales. In return, it gave its technical help, and undertook to train Japanese technicians in the U.S. Since then, the company has turned out $1,000,000 worth of cement-handling equipment, increased its backlog...