Word: iversen
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Where Mr. Iversen...
...your March 4 issue of TIME, p. 53, cut under heading ''Gold & Machines," you have erroneously placed Mr. Iversen as the centre of the party of friends...
Mesta's head is Lorenz Iversen, one of the ablest steel machinery engineers in the U. S. A Danish farm boy turned machinist, he went to sea for two years before migrating to the U. S. After working in a New Jersey shop, he went to Germany for further technical training, returning to a job in Mesta's drafting room...
...upward climb to Mesta's presidency, Engineer Iversen became a shrewd salesman with all the hitting power of a forging press. Not only can he sell his steelmaking machines to ordinary prospects. At least once he sold a buyer who had already let the contract to a competitor. He still speaks with a strong accent and lives in Pittsburgh's safe and solid East End. Sixtyish and no socialite, he is fanatic on the subject of personal publicity, has never permitted a photographer to enter his home or office. Perhaps the only picture of Lorenz Iversen in existence...
...Lorenz Iversen, vice president and general manager of Mesta Machine Co., was made president. Machinist Iversen was born in Denmark, went to sea for two years as a machinist, then worked in the U. S. He saw technical training was essential, went to University of Bingen, Germany. In 1902 he returned to the U. S., started work in Mesta's designing room. Mesta, located in West Homestead, Pa., is a leader in making the big equipment used by steel mills, employs 2,000 men. A notable product was a 14,000-ton press for the U. S. armor plant...