The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-02-13
new FACTORY
HERE TO give
Jobs TO 900
Large Eastern Electrical
Equipment Firm to Move
to City.
BUY 4-ST0RY BUILDING
Alloys and Radio Supplies
Among Products of
Company.

Decision Of a large eastern in
dustry, employing nearly 900 per-
sons, to locate in Indianapolis, using
the National Lamp Company build
ing at Gray and Washington streets,
was announced today by the Cham
Der of Commerce industrial COM
mission.
The company. which viii be in
corporated as P. r. Mallory Com
pany of Indiana, will combine
manufacturing divisions of Elkon,
inc, of Weehawken. N. j., and the
Knapp Electric Company, Port
Chester, N. Y, both part Of P. r.
Mallory enterprises.
About 300 men and women will
be employed in the factory at first,
with more as the plant expands.
About Seventy-five Office workers
will be employed. Its finished prod
ucts will amount to about $4,000,00
annually.
Start Moving at Once
The company expects to start re-
moving its machinerrny here at
once and to begin operations with
in a short time.
Principal products will include
the Wtdely-knowl1 new metal alloy,
CsrboIoy, alloy, Elkonite Tungsten
electrical contacts, the Knapp line
of electro-mechanical toys, radio
equipment including rectif1ers and
condensers. fractional horsepower
motors and electric fans, including
8. low voltage fan for use in closed
automobiles.
Carboloy will be manufactured
for the Carboloy Company, of
which P. R. Mallory is the presi-
dent and which is owned by P. r.
Mallory g. Co.. Inc, and the Gen.
eraI Electric Company
It also will mount this material
on cutting tools and the first year
of operation probably will produce
100000 worth of tools with Car
boloy mounting. This metal ap-
proaches the hardness of a dia-
moud, and will easily cut sapphire,
which is next in hardness to the
diamond.
Make Electrical Contacts
1t will cut metals, glass and other
articles with greater efficiency than
a diamond cutting tool, it is claimed.
Corboloy has been developed in lab
oratories of the General Electric
Company and associates and has
been in practical use for more than
two years. BY weight it is half
again as valuable as gold.
Elkonite is a cemented tungsten
product, used for Welding electrodes.
and is largely used by the Ford Mo-
tor Company. 1t also was developed
in laboratories of General Electric
Company and associates, including
P. R. Mallory g. Co.
The company now manufactures
from 5000 to 1000 styles Of elec-
tricaI contacts for internal combus-
ton engine timers. Radio equip
ment manufactured will include a
dry rectifying unit for battery
chargers and eliminators, used also
In long distance telephone service.
Express Appreciation
w. H. Knowles. vice-president,
and NJ. S. Green, treasurer, who
we're here today. expressed great
appreciation of assistance given
the company, both in helping 1t to
locate here and in reducing costs
of removal here, by the industrial
commission. c. L. Harrod. general
manager, and various other cham
ber departments. including the
civic affairs. freight and traffic and.
other departments during the past
several months.
The factory building was built
eight years ago for manufacture OF
incandescent lamps. but never has
been used. 1t is four stories in
height, of brick and concrete, with
10000 feet of floor space. There
is room on the site for similar