Word: new
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Dates: during 1930-1939
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...away at a backlog of something like $100,000,000 (United's total backlog: above $115,000,000), Pratt & Whitney has hit the high point of its production history, above 350* engines a month, more than double its average for 1938. This production will be doubled when the new plant reaches its capacity next spring...
...least remarkable part of this 300% increase in production is the new plant. It will double P. & W.'s floor space, and the building will cost United not a dime. To speed up deliveries on orders for $60,000,000 or more worth of warplane engines and an additional $12,000,000 of propellers (which went next door to United's Hamilton Standard division), France has already advanced $1,500,000 to $2,000,000 to erect the new factory. The cost will be defrayed by Pratt & Whitney gradually by a small charge on each engine delivered until...
...existing plant. Workmen are being hired at the rate of 50 a day. Soon there will be two men at every job-one working, one watching - throughout its 6,000-job plant. This also is a necessary extravagance. For one man at each job is a learner. When the new plant is opened, a trained staff will be ready to march in and begin production at full speed...
...Wright Aeronautical Corp., another plant extension is springing up under the watering of another French grant. Wright's expansion is financed by a French order said to be $30,000,000, will nearly double its capacity of about 400* Cyclones a month. Meanwhile, in Indianapolis, General Motors' new Allison plant is getting into production on its high-powered, liquid-cooled engines to go into new Army pursuit ships. By the middle of the summer the production of the three plants in military engines may well hit a total of close to 2,000 a month, end fears which...
Year and a half ago two veteran Oklahoma oil men put a fancy new, aluminum-colored portable rotary drilling rig on display at the International Petroleum Exposition in Tulsa, Okla. It attracted little attention. Then the rig's attendants began to drill. At 540 feet they struck oil. Surprised, they capped the hole, turned the oil well over to Tulsa County...