The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-03-08
STATE SHOWS
OUTLOOK GOOD
FOR BUSINESS
Plants Expanding and Cities
Gaining New Indus
tries.
ANDERSON NEARS PEAK
La Porte, South Bend,
Kokomo and Columbus
Get Factories.
BY CHARLES c. STONE,

State Editor. The Times
With a little more than three
Reeks of the frs; quarter of 1929 re-
naming business and industry in
Indiana is going forward at rapid
pace. A survey of the state for the
week ended today shows factory
expansions, acquisition of new in
dustries and excellent conditions
generally in several cities.
Practically every Anderson fac
tory is operating at or near capac-
ity. Several have crowded produc-
ton schedules with excellent
prospects for additional orders as
spring approaches.
Several Delco-Remy Corporation
departments nave been forced to
cancel Saturday half holidays in
order to take care of orders, and
some have been operating on sew
en-day week basis.
About TOO men are steadily en-
ployed at the Guide. Lamp Corpora
ton factory with no indication OF
slackening in business. Other COM
panies enjoying good business are
the Hill Standard and American
PLAYGROUND Device. Installation Of
new machinery is being considered
by officials of the Fame Canning
Company.
Increased production is assured at
the Anderson Pattern works due TO
installation of new machinery. The
plant is operating on a full time
basis. The Van Loon Pattern Com
pany has all floor space In use.
Work has been started on a ne"
factory building.
Considers Expansion
Plans are being made for the eX-
pansion of the Noblitt-Sparks In
dustries, the Chamber of Commerce
of Columbus has been advised by
@. G. Noblitt, indianapolis, presl-
dent of the corporation. He said
the payroll in Columbus this year
would be. between 100000 and $780,
600. The new departments, entail
ing expenditure of 100000, will prob
ably be built, Noblitt announced. AT
the start, these would add sixty
to q force of $50 now employed.
The. corporation also has factories
at Seymour and Greenwood,
The Columbus Industrial Corpora
tion has been formed to erect and
lease factory buildings to Industries.
Kokomo has gained an industry
during the week-the Hicks BODY
0ompany-which will be in opera
ton by April /, after moving from
Lebanon. It has taken over the ola
Apperson automobile building. Inc
Jenkins Glass Company has com
nleted installation of new continu-
Gus tank furnace which will allow
increaS,d production.
New Bloomington Plant
A new factory, 54x80 feet, is be-
ing Quilt at Bloomington Tor the
Bloomington Burial Vault Company.
Industrial expansion continues IN
the Calumet district. 1t is estimated
work contemplated will entan an
Z outlay of S5O,O00,OOO. This includes
the $1O,OO0,O00 youngstown Sheet
and Tube plant addition and an ex-
penditure of like amount by the
Inland Steel Company, both at IN
diana harbor. Two new steel strip
mills at Gary will cost $7,000,O0O.
The Empire Oil Company plans
$l5,0O0,000 oil refinery and plpenne
terminus at East Chicago.
other activity in the district IN
crudes a storage tank development
at Hammond by the Shell Petroleum
CORPORATION to cost 100000. In the
same city, the Lever Brothers Soap
Corporation is considering a So,0OO,-
600 improvement program Tor us
plant. =,
$1,000 900 Added to Capital
The Mid-City Building, Savings
and Loan Association OF Gary an
nounces an increase in capital from
100000 to 100000.
At South Bend, the outstanding
development of the week was an
nouncement that the Baumgartn
Printing Company, Chicago, has
leased a Six-acre site for q plant
which will employ $50 persons. The
Studebaker Corporation has 1900
persons on its payroll, the largest In
its history. Transfer of all the cor
poration'S Erskine automobile as
sembly operations from Detroit,
Mich. to South Bend has been COM
pleted.
Ground breaking ceremonies were
held this week at TT. Wayne IN con-
nection with starting erection OF
new plants for the Steinite Radio
Manufacturing Company and the
Capehart Photograph Company.
Gets New Industry
La Porte has acquired the Column
b:a Metal Products Company of Chi
cago, a S500,00o concern, which did
a 100000 business in 1928. It viii
employ $50 persons
Conditions in other Indiana cities
are shown in the following sum-
mary:
..Alexandria-Work of erecting an
addition to the Banner Rock Prod
ucts Company plant Is being rushed,
and the force of employees has been
increased.
JaSper-The New Indiana Chair
Company has been formed to oper-
ate here. 1t has capital of $780,
600, and is the third industry OF Its
kind to be established here, each
composed of Jasper citizens.
Logansport-TheL ogansport Roof
ing Supply Company. due to growth
of its business, has moved to new
location with 1z,000 square feet OF
floor space.
Akron-The basket factory oper-