Word: laughlins
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Spiral Nail. Jones & Laughlin has brought out a nail with spiral threads, which has 50% to 200% greater holding power and weighs less than smooth nails. When the "Ardox" nail is driven, it does not cut wood fibers, but pushes them aside, reduces wood splitting and physical labor. Fewer kegs of Ardox nails are needed for building projects, thus cutting costs...
...leaders were aircraft companies and steel. On the New York Stock Exchange, U.S. Steel, Jones & Laughlin, Republic Steel, Crucible Steel and Allegheny Ludlum sold at new highs as mills pushed up to 98% of capacity and the backlog of steel orders assured peak operations for months to come...
...Avery C. (for Comfort) Adams, 58, moved up from president and chief executive of the nation's 13th-ranking steel company, Pittsburgh Steel (ingot capacity: 1.3 million tons), to the presidency of the fourth largest, Jones & Laughlin Steel Corp. (ingot capacity: 6.2 million tons). Yaleman Adams, a slender six-footer, started as an open-hearth laborer in 1919 at the old Trumbull Steel Co., where he worked up to assistant general sales manager. Later, he held vice-presidencies with Inland Steel Co., U.S. Steel Corp., Portsmouth Steel Corp., Detroit Steel Corp. Adams caught the fancy of Jones & Laughlin...
David was burning with enterprise when he left Holy Cross in 1918 and got his first job as a clerk in the Jones & Laughlin polishing mill. The work paid 22? an hour; he soon found another job where the hourly rate was 36?. When an opportunity arose to become a machinist's helper at the mill, he took it. Then in 1922 he returned to white-collar work as typist-switchboard operator at $80 a month for Wheeling Steel Products Co. Three nights a week, for three hours a night, he went to Duquesne University to study accounting...
BIGGEST STEEL PLANT for South is planned by Jones & Laughlin Steel Corp. The $250 million plant near Houston will have capacity of 1,000,000 ingot tons. If J. & L. can get Government fast tax write-off for plant, project will probably start late this year...