Toledo union journal. [volume] (Toledo, Ohio) 1942-current, 1949-12-23
J&L President Says
It's Pleasure To Join
Toledo Community
Steel Firm
Pureh ases
American Can
Sfofemenf BY Head
Shadows Salvation
Committee Propagond

"We look forwar with
great pleasure to joining To-
ledo's industrial community
and to taking up the duties
and privileges of industrial
citizenship enjoyed for so
many years by the American
Can Company" was the state
ment made by Admiral Ben
Moreel, President of Jones &
Laughlin Steel Corpora
ton in the announcement
that J&L purchased the To-
ledo plant effective Jan. 3,
1850.
A Good Answer
This announcement by the
J & L President regarding the
Toledo location overshadows
the propaganda of the so called
=! Committee To Save Toledo's
Payrolls" who have published
full page advertisements, radio
time and In the columns of
Toledo's daily papers in an at
tempt to sell workers and the
public that the area pension
plan will drive industry from
Toledo.
Treated Lightly
The full announcement by
the j & L was treated lightly
by the Toledo papers, particu-
larly the second part of Ad-
miral Moreeps statement to con-
tinue industrial citizenship en-
joyed for so many years by the
American Can Co.
Proves They're Wrong
Howard Seren, President of
Local IL, who on being inform
ed of the full contents of. the
J & L statement said that Il
groves that there Is no so called
"scare" as the salvation commit
tee has been attempting to have
workers and the public believe
In through their propaganda.
Following Is the full text Of
announcement from the corp
grafton on the sale of the Amer
lean Can Plant:
Newspaper Notice
For Toledo
Carl H. Black, President of
the American Can Company,
today announced the sale, eff
fective January 8, 1850. Of the
company's factory at Hamilton
Street and City Park Avenue,
Toledo, to the ] & L Steel Bar
rel mpany, wholly-owned
i subsidiary of the Jones & Laugh
' lin Steel Corporation of Pitts
burgh, Pennsylvania.
The sale of the local factory
Is a part Of a transaction, Mr..
Black said. in which the pur-
chasers will also become owners
of another American Can plant
at Atlanta, Georgia, and will
assume the galvanized ware and
heavy steel container business
of the can manufacturing con-
Germ.
The American Can Company
operates more than sixty factor
les in the United States, Canada,
and the Hawaiian Islands, all
of which except the two involv-
ed in the current sale, engage
in high speed automatic manu-
facture of light-gauge metal or
fiber Containers. The Toledo and
Atlanta factories are the only
facilities specializing in the fab
rication of heavy-gauge and gal
vaniZed metals.
In confirming the transaction,
Admiral Ben Moreell, President
of the Jones & Laughlin Steel
Corporation stated that by
agreement with American Can,
the factories would continue
without interruption of opera
tions or deliveries. Little adjust
ment will be necessary, he said,
to accommodate the difference in
methods that would normally
exist between two operating
companies.
"We look forward with great
pleasure to joining Toledo's in
dustrial community" he said,
"and to taking up the duties and
privileges of industrial citizen
ship enjoyed for so many years
2 by the American Can Company"
H. Gschwend, Manager of the
Toledo factory since 1912 will
continue in that capacity for
the j & L Steel Barrel Company.
The plant, which has been op-
Grated by American Can Com
pany since 1901, presently en-
ploys $50 Toledo people. 1t con-
tains $4,000 square feet and
occupies 6ls acres.
It was originally located at
Buckeye Street at the Wheeling
& Lake Erie Railroad and was
moved to its present site in 1912.
SiZeable additions 10 the present /