Western Steel. In Pittsburg, Calif., Columbia Steel Co., a U.S. Steel subsidiary, opened a new $25 million sheet and tin-plate plant which will add 325,000 tons a year to West Coast steel capacity. Columbia will also get a new president, Alden G. Roach, 47, who had joined Big Steel when it bought his Consolidated Steel Corp. Ltd. (TIME, June 21).
Trust-Busted. In a federal court in Manhattan, the Department of Justice won a skirmish in its antitrust battle (TIME, Oct. 4). Eight of the biggest U.S. tiremakers* and the Rubber Manufacturers' Association, all...
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