GREAT EXPANSION.
KfiUPP’S WORKS EMPLOYEES.
RAILWAY" EQUIPMENT CONTRACT
(United Press Association—Copyright.) (Received This Day, 9.35 a.m.) LONDON, January 23.
The Berlin correspondent qf “The Times'’ says that Krupp’s annual report records a sweeping expansion to 109,00.0 employees, compared with 46,000 in 1932. Exports for the last year increased by 20 per cent, largely as a result of the locomotive and railway equipment contracts. ’lCrupps are now planning to establish a plant for the extraction of oil from coal and are also opening new iron ore mines. Another Berlin message states that Krupp’s declared a dividend of five per cent, compared with four per cent in 1936. There was no dividend for the previous 14 years.
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Ashburton Guardian, Volume 58, Issue 88, 24 January 1938, Page 5
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115GREAT EXPANSION. Ashburton Guardian, Volume 58, Issue 88, 24 January 1938, Page 5
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