The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-02-08
Woodworking Company
Takes Over Plant of Con-
Germ That Failed.
GROWTH AT RICHMOND
BeIden Factory Unit to Cost
$250,OO0; Expansion
at MunCie.
BY CHARLES C. STONE
State Editor. The Times

oldte EuitOT, Lne Times
Replacing of a bankrupt industry
with a ne wcompany and a $3.50, 900
plant addition are features of an in
dustrial and business survey of In
diana for the week ended today
The National Chest and Cabinet
Company, capitalized at $3.50, 900,
will occupy the H. c. Bay piano fac
tory, Bluffton, which ceased opera
lions following receivership. The
National company will manufacture
cedar chests, radio sets and parts,
and furniture novelties. 1t will take
possession of the Bay plant March 1,
and will have $50 men at work
shortly after that date.
A new unit costing $780, 900, will be
built at the Baden Manufacturing
Company plant, Richmond. It will
be 500 feet long and $50 wide and
will house departments for wire
drawing and enameling, bakelite
work and a machine shop.
Expansion at Muncie
The first expansion program for
the Muncie Products, Muncie, a
branch of General Motors, includes
a new factory building 220x2Oo feet,
in which it is planned to provide
room for employing several hundred
persons.
Capacity of the Indiana OK Fiber
Brush Company, Seymour, is to be
doubled, giving employment to $50.
Conditions in other Indiana cities
are shown in he following sum-
mary:
Anderson The Certainteed
Products Company has enough or
ders booked to assure steady opera
ton for several months. The plant
is now being operated seven days a
week, with some night work.
MariOn-Production of radio sets
at the former Case Radio Company
plant, one of three companies
merged to form the United States
Radio and Television Corporation,
has started. The company was
aided by a $4,000 fund raised by
business men of the city.
Acknowledgement Offices of the
Hamilton-RosS Company, which
moved to Kokomo from Chicago
several months ago, are to be
brought here. About thirty persons
will be employed in Office work.
Alexandria Company Sold
AIexandria-The Banner Rock
Products Company has been alb
sorbed by the Johns Manville Cor
poration, New York, a concern of
national scope. The purchase price
is reported to have been $1,75O00O.
Terre Haute-The Sullivan Brush
Company. which moved plants here
from Sullivan and Union City and
merged them in one factory, has
started production.
NewcastIe-Cicero M. Bailey an
nounces plans for a new theater
with a seating capacity of 1850.
Evansville-The Indiana Trust
and Savings bank announces plans
for $4,000 bank and Office build
ing.
TT. Wayne-A three-Story build
ing will be erected by the Lincoln
National Life Insurance Company
as an addition to it's home offices,
at a cost of 100000.
Hartford City-The Lapinsky
Garment Company is a new indus
try here, obtained after Subscrip-
ton of $4,000 by business interests.
Studebaker Gains
South Bend-The Stude b ker
Corporations pay roll for 1929 will
be s27, 00O,0 900, an increase of $780,
600 over 1928, according to fore
cast by officials. The corporation
has announced a $7,600,000 stock
dividend melon" will be divided
this year. The Electric Sprayite
Company announces plans for erec-
ton of a new factory of IS 900 square
feet floor space.
Gary-No. 2 hearth of the Gary
works, Illinois Steel Company, idle
for several months, is again in OPP
Grafton, with a possibility that two
more hearthS will be started soon.
The Union Drawn Steel Company
has purchased a tract seven and
one-half acres adjoining its plant
site to provide for expansion, and
is considering plans for enlarging
the works.