The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-08-11
BIG CEMENT
FACTORY May
Be BROUGHT
TO RICHMOND
Million Dollar Plant to En-
ploy $50 Men Considering G
Sites Near Hereto Make
5000 Barrels Daily.
NO MONEY SOUGHT

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Richmond may be the home Of
milliondollar cement plant, which will
employ $50 men and turn out 5000
barrels OF cement a day.
Adam L. Beck. OF Huntington, Ind
lana, and Ada, Oklahoma, the presi-
dent of the Indiana Portland Cement
company, and VIII H. Hart, secretary.
have been negotiating for site at
Richmond for two months, and have
deals almost closed which will mean
the company's coming.
One or two options have not been
obtained by the company, and these
one or two may mean loss Of the COM
pany to Richmond. but II they are
closed plant will be built Immediate
ly and operations started.
Plant Recently Sold.
The organizers of the company have
been In the lime business in Indiana
since 1882, and have owned and oper.
ated a plant In Ada for ten years. This
plant, 2,400 barrel concern, was re-
Gently sold by them. and they are now
looking for an Indiana location to es-
tablish the giant new mill they have In
view.
Four other towns In Indiana, have
also been considered by the company.
and failure to secure the plant for
Richmond would mean that It will go
to one Of these
I've favor Richmond" said Beck,
Saturday morning, "but 1t is lust
question where we can operate to the
best advantage, from the standpoint of
railroad facilities and power and water
supply. If we cannot locate here we
will go somewhere else. but we have
been working in Richmond for some
time and will come here If we can"
Will Be Modern Factory
The proposed plant will be abso-
lutely the most modern cement fac
tory in operation in the United States.
and will be designed by Earl Leon
hardt. OF Los Angeles. who has built
several Of the largest mills in this
country.
The plant Will be built in two sec
tions, and will represent a total in
vestment Of $1.000.OO0. Each section
will have capacity of 1900 barrels
a day, and the second section will be
started just as soon as the first is
completed.
Twelve buildings, several OF them
fifty feet wide by 240 feet long. and
from twenty to sixty feet high, will
be built Twenty-one carloads per
day of raw materials will be used in
the manufacture OF cement. and twen-
ty-carloads Of the Anished product
will go out
To Employ $50 Men.
Seventy-five men will be employed
in each unit, or $50 In all, with a pay
roll in proportion. The company plans
to use power from the Richmond city
power-house, and it will require 1,200-
horsepower to run the machinery for
each unit.
Final organization of the company,
was made Friday at Huntington. Beck
was made president, Peter Martin OF
Huntington. vice-president: WIN n.
Hart, who has been associated with
Beck for thirty years, secretary; Mar
shall Beck,of Huntington, is treasurer
and w. S. Creveling, Of Ada, superin.
tendent.
A. T. Howe, OF Chicago, George.
Frash Of Huntington and John H.
Love of New York are directors. In
addition to the officers
Site is Only Question.
Capitalization Of the company was
placed at $1,000.000. Stock to cover
100000 of this has already been sub
scribed, Beck said Saturday. and abso-
lutely no active campaign will be
made to sell stock in Richmond. No
cash or land inducements have been
offered the company to come here,
nor do they want any, he said, and
the question of suitable site is the
only one which confronts the COM
pany.
Among the stockholders are Win
field T. Durbin, former governor OF
Indiana, John N. Edwards Of Mitchell,
Jacob Dick and Paul NJ. Taylor Of
F. ]. Bibbus of Hunting
ton, James M. Wintersmith of Louis
vile, and P. A. Norris, president of
the First National bank of Ada. Con
siderable stock is also held in Chica-
go and New York.
No definite time was set by Beck
for the opening of work in case the
mill comes here, but operations will
be started as soon as possible. Sew
eral Richmond business men will in
vest, Beck said.