The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-01-11
New Albany Plant Gets
S25,o00,0Oo Order; An
other Sets S15,0Oo,o0o
Goal.
SEEK NEW HIGH MARK
Showers Brothers of Bloom
ington Prepare for
Record Selling.
BY CHARLES C. STONE,
state Editor, The Times

Signing of a contract for SOS. 000,-
600 to S30,000,000 worth of plywood
to be provided over a period of five
years and the esetting of a $l5.000.-
600 sales goal by two Indiana COM
panies are features of business
and industrial survey of the state
for the week ended today.
The plywood contract is for the
product of the New Albany Veneer
ing Company of New Albany, TO be
provided the Grigsby- Grunow Com
pany of Chicago. The company is
employing $50 men and trimmings its
plant on a twenty-four hour-a-day
basis.
Showers Bros, Bloomington furni-
ture manufacturers. have set the
highest sales goal in their history,
by fixing a $15,000,000 figure for
1929. Besides the Bloomington
plant, they have another in Indi-
ana. at Bloomfield, and one in Burl-
ington, Ia.
Alcohol Companies Merged
The Rossville Company of Law
renceburg has been merged with
four others engaged in manufacture
of industrial alcohol, in q deal de-
scribed as involving several MIL
lion dollars" The merged company
will have an allotment of 100000
gallons of alcohol to be manufac-
tured, the second largest in the
United States.
The Contraction Corporation OF
Flkhart has been merged with three
Wisconsin companies and capital
increase of $1OO0,00O arranged. First
announcement of plans for the
merger were made in this column
several weeks ago.
Reports are current in Terre
Haute that early in February thirty
ice manufacturers of that city and
elsewhere in the Wabash valley will
be merged by a New York financier.
Conditions elsewhere in the state
are shown in the following sum-
mary:
EvansyiIle-Servel Inc. announces
auto and bruck bodies will be manu-
featured by it for five different
companies - Chevrolet. Whippet,
Ford, Durant and Studebaker. The
corporation plans erection OF
$5OO.0OO it os plant addition. A
$1,000 addition is being built to the
plant of the National Furniture
Manufacturing Company.
Anderson Plant Busy
Ap.'e son-The Howe Fire APP
pararLs Company plant is being
operated overtime to keep pace with
orders. Part of the Elwood plant
of the Ames Shovel Company IS
being moved to its factory here.
Columbus-The Chamber of Com
merce has established $4,000 fund
to be used in obtaining new indus
tries for this city.
ConnerSville - McQuay Norris
Company has leased for six months
the plant formerly occupied by the
Connersville Furniture Company for
use as a storage building and ware
house.
Acknowledgements are current
here that the Banner Rock Products
Company of Alexandria will be
merged with the Johns-Manville
Company, a national concern. The
consideration being mentioned is
100000
Arcadia-The D. C. jenkins glass
factory is closed while changes are
being made to facilitate handling a
large number of orders already
booked.
KOkomO to Enlarge School
Kokomo-A permit has been
issued for building a 100000 adj
dition to the high school building.
This is the beginning of a 100000
school expansion program to be
carried out this year.
Mt. Vernon-The new factory of
Overall Corporation of American
will probably be completed by Feb.
l. The framework of the building,
which is 200 feet long and rs feet
wide, is ready.
Calumet DiStrict-There are in
dicationS that its largest midwest
refinery may be built by the Empire
Oil and Gas Company on a site be-
tween Gary and East Chicago. The
company has practically completed
plans for laying of a twelve-inch
pipe line to this district from the
Seminole oil fields of Oklahoma.