Word: shipyard
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...beginning of war, Britain had 179 destroyers. Since then about 30 more have gone down shipyard ways and into action. By last week Britain had admitted losing 33 (plus the services of 61 French destroyers). Furthermore, so many had been seriously damaged that only about 60 were available for active service in home waters, and the convoy system (largely destroyers) had become so sketchy that transatlantic freighters were thought to be on their own outside a range of about 1,300 miles from home ports. Last week the Germans claimed six more destroyers...
Last week one big obstacle to new plant was detected and removed. The obstacle: the long memories of manufacturers and investors, reluctant to put money into new plant that may be as useless five or six years hence as the Hog Island Shipyard was in 1923. The U. S. Treasury took the rap for Hog Island. Why should the stockholders of Packard Motor Car Co., for example, take the rap for $30,000,000 of new equipment which, after building enough Rolls-Royce plane engines to beat Hitler, might find its market destroyed by peace...
...biggest independent U. S. steel fabricators, Ingalls Iron Works began looking for new markets for its product early in Depression I. Leasing part of a shipyard at Mobile, later building a yard of its own at Decatur, Ala., it began turning out barges, towboats, all manner of river craft. Prime mover of this sideline was big, nervous Robert Ingersoll Ingalls Jr., only son of Ingalls Iron Works' shrewd, crusty, hard-working president, who likes to say that he founded his business in 1910 "with a nigger, a mule and a wooden crane. ..." Pleased with his new sidelines, Father Ingalls...
...Ingalls will have to build many more ships to make good its boast that its new methods will revolutionize U. S. shipbuilding. In contrast with the machine-gun clamor of most shipyards, Pascagoula's noises are a sibilant hiss. Biggest plug for welding is the fact that one welder can do the job of a four-man riveting team-a big saving in labor (40% of shipyard cost). Ingalls welds complete stern assemblies, bow sections, etc. up to 75 tons on platforms in the yard, swings them into place with big gantry cranes. It reverses old-line shipbuilding techniques...
...shipyard, built fresh from the ground up, it would have needed ten times as much capital to build riveted ships and equip a plant to fabricate its own steel, which comes from its parent company, Ingalls Iron Works Co., at Birmingham...