Word: steeling
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...Otis Steel. In business 55 years, a practically self-contained unit. Automobile manufacturers largest customers...
Just what position Mr. Girdler will hold in the Eaton "interests" is as doubtful as what companies Mr. Eaton intends to put in the long-discussed super-steel-merger. Mr. Eaton, working with William Gwinn Mather and Otis & Co., sponsors of Continental Shares, Inc., is supposed to control enough steel companies to enable him to form a single unit that will challenge Bethlehem's position as second biggest U. S. producer. Until plans for this consolidation are completed, it is probable Mr. Girdler will advise the Eaton group on technical matters and stock activity. Chief companies with which...
Republic Iron & Steel. Usually mentioned as the likely nucleus for the merger. A $10,000,000 expansion plan begun last April. Both William Gwinn Mather and Cyrus Stephen Eaton are on the board of directors...
Central Alloy Steel. Big producer of specialty steels (Agathon Nitralloy, Agathon Alloy, Toncan, rust resisting iron, Enduro Nirosta [stainless steel]). Recently (TIME, Oct. 21) announced plans to acquire the Interstate Steel Co. of Chicago...
...Inland Steel. Second largest in Chicago district. Plans to merge with Youngstown Sheet & Tube suddenly dropped...