CORPORATIONS: Cock-a-doodle

In a handsome, 36-page booklet, Industrialist Henry J. Kaiser last week gave the public its first good look at his complex industrial empire and the way he controls it. That empire, the booklet explained, had now grown to 44 plants, producing 141 different products and chalking up annual sales of $500 million. It did not tell how much profit the empire makes.

But through his family's investment and operating company, Henry J. Kaiser Co., Kaiser holds 100% control of Kaiser Steel Corp., which owns the big $123 million Fontana steel plant, his biggest moneymaker. The next best moneymaker, Kaiser Aluminum...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!