ALUMINUM: More Capacity, Lower Price

Three months after it caught the devil from the Senate Defense Committee on the nation's aluminum shortage, OPM finally had some definite progress to point to last week. Drawn up was a contract under which Aluminum Co. of America will build three Government-owned plants which will produce 340,000,000 lb. of aluminum ingots a year, thus increase present U.S. capacity (built and abuilding) by 40%.

The new plants will be in Massena, N.Y., the Bonneville Dam region, somewhere in Arkansas. In Arkansas Alcoa will also build a plant to produce 400,000,000 lb. a year of alumina (intermediate step between bauxite ore and...

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