Word: kaiser
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Dates: during 1950-1959
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...Kaiser-Frazer Corp., which has been grubstaked by the RFC to just about all the Government money it can get for its auto business, struck it rich in the private money markets last week. It got a $25 million credit from California's Bank of America, Pittsburgh's Mellon National Bank & Trust Co., and Manhattan's Bankers Trust...
Though K-F lost $13,260,193 last year making automobiles, the company now has an estimated $500 million in defense contracts for Fairchild C-119 "Flying Boxcars," Chase Aircraft (49% Kaiser-owned) C-123 assault transports, Wright aircraft engines and components for Lockheed's P2V antisubmarine patrol bomber...
...gets an NPA steel allotment on the basis of its previous production of 1,400 a day. K-F is using its excess steel to turn out body components for General Motors' Fisher Body Division. Although K-F lost money in the first quarter, Boss Edgar Kaiser thinks that it will be in the black by year...
...rest of Henry Kaiser's 16 enterprises were solidly in the black, owed the Government no money, and were spending $130 million in private capital on expansion. Among them...
...Kaiser Steel Corp. has just added an eighth open-hearth furnace to boost ingot capacity to 1,380,000 tons...