RECORD PROFIT
BETHLEHEM STEEL CONCERN
NEW YORK. January 30. Bethlehem Steel Corporation announced record earnings of 48,677.000 dollars. It was announced that the company spent 30,000,000 dollars for expansion in IS4O, increasing its capacity to 11,850,000 tons of ingots a year. The plant is operating at 100 per cent, capacity. A sum of 35,000,000 dollars has; been authorised for further expansion. The company holds an unprecedented backlog of 12,000,000 dollars, largely for ship construction.
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Bibliographic details
Evening Post, Volume CXXXI, Issue 27, 1 February 1941, Page 11
Word Count
74RECORD PROFIT Evening Post, Volume CXXXI, Issue 27, 1 February 1941, Page 11
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