From his Fontana (Calif.) plant, Henry J. Kaiser supplies the West Coast with more steel than any other steelmaker. Since he built the plant during World War II, he has expanded it seven times to keep up with a fast-growing demand. Last week Kaiser announced that he will spend $113 million to boost capacity 40% to 1,528,000 tons yearly.
Fontana's addition is only a small part of Kaiser Industries' vast expansion under Henry J. and his son, President Edgar F. Kaiser, 47. Edgar is also directing a $33 million expansion for Permanente Cement and a $500 million expansion for Kaiser...