The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-12-21
Links Outstanding Business
Events in Indiana
This Week.
TAKES KOKOMO PLANT
New York Company and
Standard Assets to Be
Half Billion.
by CHARLES G. STONE
State Editor, The Times


outstanding development Of the past
week in business, a survey Of the
state ended today shows.
The Standard Sanitary Manufac-
turing Company, operating in Ko-
komo and seven other cities is to be
combined with the American Radi-
ator Company, New York, which
would give total assets of $5O0,0O0,-
600. The Kokomo plant is the Sec
ond largest owned by the Standard
Company.
Muncie will be affected by a COM
bine project, that of the Galesburg-
Coulter Disc Company and the
Borg Warner Corporation, the Mum
Gle Warner Gear Company being a
unit Of the corporation: The Indi-
ana Rolling Mills, Newcastle, is to
be taken into the combine. Borg
Warner owns the Wheeler Schebler
Carhuretor Company, Indianapolis.
Four May BE Combined
Three concerns outside of Indi-
ana, identity Of which is not dis
closed, will be combined with the
Absolute Contraction Corporation.
Elkhsrt, $1,0O0O00 concern, which
by the combine will enter the
$2,O00,000 class. The Elkhart corpo-
ration is now employing 300, but
after the merger, expects to place
600 on its pay roll. Principal offices
Will be maintained at Elkhart.
Effective Jan. l, four Crawforos-
vile companies dealing milk and
its products will become one. The
units of the merger are Fosdick Ice
Cream Company, Ward Ice Cream
Company, Wray Creamery and San
itary Milk Depot.
Consolidation of the George r
Garter Company, Connersville. and
the Vogt Manufacturing COMPANY.
Rochester, N. Y, is announced. Both
are engaged in manufacture of fab
RIGS for upholstering and decoration
OF automobiles and airplanes.
DuhUAng SlumpS
New building projects started In
Indiana during November had q.
total of $7021 900, 38 per cent under
the total for October this year and
70 pr cent less than November
1921. The total for the first eleven
months Of 1928 as compared with
the same period last year shows a,
2 per cent decrease,
Conditions throughout the state
are shown in the following sum-
mary.
Richmcnd-Four hundred persons
VIII be added to the force of the
Belden Manufacturing COMPANY on
completion Of S175,000 addition to
its plant, construction of which is
already under way.
AnderSOn-New machinery is be-
Ing installed in the Maring Wire
Company plant. The Indiana Cen
eral Service Company has bought a
thirty-four acre sit near here for a.
electric power substation. The Big
-Four railroad is building a $4,000
water filtration system in its yards
A gain of 100 per cent in business
for the months of August, September
and October this year over the same
months last year is reported by the
American Playground Device Com
pany.
Some departments Of the Howe
Fire apparatus plant are being
operated seven days a week. Of
flcials Of the Ward-Stilson Company
report a strong demand for its
products.
KOkOmO Companies Prosper
KOkomO-The Superior Machine
Tool Company, and it's subsidiaries,
the Kokomo Nail and Brad Com
pany and Kokomo Spring Company,
enjoyed good business during 1928,
officials announce.
COnnersville-This city's name
now appears in national advertising,
announcements of new models BY
the Auburn Auto Company quoting
prices on cars at both Connersville
and Auburn. The Auburn plant here
is being remodeled and is expected
to be ready for production early in
January, to turn out 200 cars daily.
SeymOur-The Sam B. Wolf Sons
Shoe Company plant will resume
capacity operations early in January,
giving employment to $50 persons.
A new type of lasting machine has
been installed to speed up produce
ton and give better workmanship.
ACKNOWLEDGEMENTS will be
given 100 men with reopening
Jan. 2 of the passenger car section
Of the Baltimore 81 Ohio railroad
shops.
Decatur-An order for 300 refrig-
orators has been placed with the
Burdg-Lawson Corporation here by
the GAINESVILLE Engineering Com
pany. GAINESVILLE, Ohio.
Petersburg-Atlas Mine No. 3 has
resumed operations, giving employ
ment to 1875 men.
More Buyers for Milk
Terre Haute - Opening of new
channels for selling Vigo county
milk will double and possibly treble
the $3.50, 900 now received annually by
dairy farmers Of the county, accord
ing to an announcement by w. w.
Ross, field agent of the Vigo Co.
operative Milk Marketing Company.
The granary of the Paul Kuhn
Grain Elevator Company, which has
not been in use, will again be util-
lied Jan. 1, under a lease by the