A BIG COMBINE

Wanganui Chronicle, Volume 73, Issue 371, 15 September 1930, Page 8

A BIG COMBINE

“SUNSHINE HARVESTERS” PLANT BEING PREPARED. TWO THOUSAND MACHINES A YEAR. [By Telegraph—Press Association—Copyright] Received Sept. 14, 7.20 p.m TORONTO, Sept. 12. Construction of a new plant to manufacture the Sunshine Harvester Combine is progressing satisfactorily, according to an official of the Waterloo Manufacturing Company, jointly interested in the prospect with the McKay Company. Work is right up to the schedule and it is antcipated the plant will go into production before the end of 1930. Meantime a combine for sale in North and South America is being assembled at the plant of the Waterloo Manafueturing Company from parts imported from Australia. The plant under construction will have an annual capacity of upwards of 2000 machines, ultimately employing 1500 people. A site comprising 30 acres in Waterloo, Ontario, has been secured and of this ton acres are being utilised. The present buildings are so arranged as to permit of expansion at any time without interfering with current operations.

By a practically unanimous vote the ratepayers of Waterloo endorsed a bylaw granting the new company a fixed assessment of 25,000 dollars for a. period of ten years. Railway sidings were commenced in June by both the Canadian Pacific and Canadian National Railways, and paved streets are to be laid to the site. The first unit of the new plant will be read this autumn, the largest building of which will be an assembly room 450 feet long. A new company is to be incorporated, hut no announcement of the name has been made yet. It is understood the capitalisation will be approximately 2,500,000 dollars and each of the two companies interested will assume its portion of the financing. Four directors will be chosen, two representing the Waterloo Manufacturing Company and two the McKay Company. No public stock issue is contemplated. Arrangements have been completed for the distribution of the combine in the United States through the Ohio Cultivator Company. Parts manufactured in the Dominion will be shipped to the plants of this company for assembling.