Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-05-27
S20.000,000 FIRM
TO<ERECT STEEL
PLANT IN ROME
Companyto Take Over Rome
and Northern Railroad and
1900 Acres of Ore Lands.
To Make Auto Parts

ROME, Ga, May 26.-Establ
ment at Rome Immediately of a gi-
gantic steel mill and automobile
parts plant by the International Steel
and Motors corporation, with a capt.
tai of $2O,O0O,OOO, was announced
here today by Henry l.. Britain.
New York capitalist and president of
the Terry Shipbuilding corporation,
Savannah, Ga; the Mobile Shipbuild
ing corporation, Mobile, Ala, and the
Birmingham Steel corporation, Bir-
mingham, Ala.
The company was organized in the
offices of Brewster, Howell & Hey
man, in Atlanta Tuesday, when a
charter was obtained and officers
elected. Books of subscription to
stock will be opened in the near
future. 1t is the plan of the pro-
motors to make the organization a
thoroughly southern enterprise, and
it is expected that many leading
business men of the south will be-
come interested.
Rome and Northern railroad and it's
iron ore lands to the north of Rome,
and also will develop an additional
acreage of mineral lands in north
west Georgia. The company has Sc
cured about $4,000 acres Of land.
Stockholders in the corporation are
largely officials of manufacturing
companies that will use the products
of the plant here. Standard automo-
chinery will be the only manufac-
tured products of the corporation.
The company first will begin
operation of it's red ore mines in
Chattooga county, the ore to be
brought to blast furnace to be
constructed just northwest Of Rome
as soon as practicable. The furnace
will have a daily. capacity of so tons.
Later on, an open hearth steel furn-
ance with blooming mill for king
hard and soft. billets will be added
the capacity to be 10000 tons per
annum. A bar and sheet mill will
come next.
The company will specialize on
the manufacture of standard parts
for automobiles, trucks and tractors.
Mr.. Britain, who was attracted to
Rome by this city's claim for the
government armor plant in 1917, said
that this CITY, with it's vast mineral
resources in close proximity it's
water power and river and rail trans
portation facilities, and the nearness
Of southern ports, is the most log
ical center in the world for a well
rounded out steel plant. He said
that this city has distinct advantages
over the Pennsylvania and lake sec
lions.
Officers of the corporation are:
Henry L. Britain, president; H. Alb
ner Dean, Rome, vice president; F.
W. league, president of the Column
bus Iron works, Columbus, Ca, vice
president; John M. Graham, Rome.
treasurer; James M. Craig, secretary
of the Birmingham Steel corporation,
Birmingham, secretary; Denny &
Wright, Rome, general counsel
In addition to the officers, Walter
M. Massey, treasurer of the Massey
Tin and Machinery works, of Macon,
Ga, and K. L. Jones, of the Jones
Machinery works, of Atlanta, are
directors.
No other basic industry being cal
culated to do more for the develop
ment of the south along industrial
lines than well-developed iron and
steel plant, the city of Rome feels
&1a+
national Steel and Motors corpora
ton plant here will make this city
one of the south's greatest industrial