The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-05-18
Preliminary Work Under
Way; ServeI, Inc, to
Continue Expansion.
ORDER OF s1o,O00,ooo
Factory at New Albany
Signs Contract for
Radio Cabinets.
BY CHARLES G.. STONE
State Editor. The Times

Featuring a business and indus
trial survey Of Indiana for the week
ended today are the following:
Preliminary work in erection of a
100000 power plant by the South
ern Indiana Gas and Electric Com
pany at Evansville. In the same
city, Servel Inc, manufacturing re-
trlgeratorS, announces continuation
of an expansion program which
eventually will result in addition Of
500 to 1000 persons to it's force. The"
corporation has 2,270 in its employ
with a monthly pay roll of $1,000 600
and is spending $750000 annually liz
advertising it's products.
Gets S1O,OOOOOO Contract
A $1O,oOO,OOO radio cabinet con-
tract has been closed by the New
Albany Veneering Company with
the Grisby- Grunow Company, Chi
cago manufacturers. The contract
will run five years.
Fifteen new machines will be
added to the equipment Of the
Wayne Knitting Mills. Ft. Wayne,
at a cost of $4,000. The company
now has $500 employees on its pay
roll and will increase The number.
The Dick Burdg-Larson Company,
Decatur manufacturers of electric
refrigerators, will operate on a day
~ inIo 70
which are being received from all
parts of the United States and
Canada.
Greensburg Factory Busy
Steady operation is being main
tanned by the Cyclone Fence Com
pany, Greensburg, and it is expected
that production will be doubled
shortly.
A modern steel bar and billet
plant is a recently completed addi-
ton to Kokono Steel and Wire
Company factory. 1t has a capacity
of 10000 tons a month.
Conditions in other cities are as
follows:
FIT. WAYNE-Contracts have
been awarded for erection of six
story building for the Grand Leader
store.
MARION-The Indiana General
Service Company has awarded a
contract for erection Of a 100000
substation building.
WABASH-The Chamber of Com
merce is considering plans for es-
taolislling a fund for use in bring
ing industries to the city.
Occupies New Quarters
AMBER SON-The Rodecap
Candy Company has moved into
business structure remodeled for its
use. There are only f1fty-nine va
cant residences here as compared to
100 in the same period last year.
CLARKSBURG-A contract has
been awarded for construction Of a
school building here at a cost OF
$4,000.
GARY-The mountaineering pub
lie Improvement program here for
the present year has been added to
bv letting of contracts by the pub
lie works board for projects to cost
$171,000
HUNTINGTON-Bonds have been
sold for a $4,000 school building
program.
SHELBYVILLE-C Construction has
started on a. fiVe-story business
building on a downtown site owned
by the First Methodist Church. The
building will cost $150,000.
Oil Field Aids Industry
TERRE acknowledgement OF
an oil field south of here has added
a new line to the business of the
Quick Welding and Machine Shop,
which is now engaged in building
coil tanks.
PERU-A $4,000 paving contract
has been awarded by the city coun-
Gil to G. j. Burke, local contractor.
OBSERVATION-DISCLOSURES of
building for cheese factory is I'M
der way here.
LEBANON - Merger Of Boone
Countys two largest banks-the
First National and Farmers State
will be completed next month. The
merged bank will have deposits in
excess of $1,5OO,000. 1t will be
known as the First National Bank of
Lebanon.