Word: ravenswood
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Last week at Ravenswood, W. Va., the valley's biggest industrial project to date was going into production. Kaiser Aluminum & Chemical Corp., No. 3 U.S. producer, rolled the first light-gauge sheet aluminum at one of the world's biggest smelters and mills, a $230 million giant that it hopes will soon push Kaiser past Reynolds Metals into the industry's No. 2 spot. For Ravenswood, like dozens of other towns along the river, the future is now wide open...
Goliath in Pee Wee. Once a thriving river port. Ravenswood had a population of barely 2,000 when Kaiser bought 2,500 acres of land in 1954 for a plant to process its Louisiana bauxite and supply its East Coast markets. Planned employment by 1958: 5,000. From the start. Kaiser realized that one of its biggest problems was, as one Kaiser official put it, "to prepare these people for something which is going to change the whole pattern of their lives." The company flew in a squad of public-relations men from the West Coast, sent them...
...backward areas of the Ohio Valley in much the same way that TVA has enriched the Tennessee Valley, and it lured many heavy industries that might otherwise have settled in the Northwest, where government power is cheap, e.g., Henry Kaiser's new $120 million aluminum reduction plant at Ravenswood...
ALUMINUM EXPANSION will put Henry J. Kaiser in second place in the industry, bumping Reynolds back to third spot. Kaiser will spend $280 million on two new plants, one at Ravenswood, W. Va., and another at Gramercy, La., boost capacity 50% to 654,000 tons annually, right behind No. 1 producer Alcoa...
Chrysler Corp. announced that it will build near Macedonia, Ohio an $85 million body-stamping plant, with enough capacity to supply all passenger-car divisions with fenders, body panels, deck lids and doors. Kaiser Aluminum & Chemical Corp. will spend $90 million to expand its Ravenswood, W. Va. sheet-and-foil plant, add to other facilities in Maryland, Louisiana and Washington. New Jersey Bell Telephone Co. decided to put out $100 million worth of new securities over the next two years to keep up with the growing population and record construction boom...