Search

The article features Jamsetjee Nusserwanjee Tata, the Parsi patriarch who founded Tata Sons, Ltd., India's largest industrial complex in 1868. Presiding over the empire is Jehangir Rattan Dadabhai Tata who runs a vast complex of interests including metalworking, electric power, and locomotives. The Tatas pioneered an airline that grew into Air India International, and later also went into the manufacture of locomotives and trucks.

The article focuses on the efforts of locomotive manufacturers in the U.S. to upgrade their models with modern and powerful ones. Among the well-known locomotive manufacturers in the country are American Locomotive Co., Baldwin-Lima-Hamilton Corp., the Electro-Motive Division of General Motors Corp., and Fairbanks, Morse & Co. The article asserts that perfect timing and strategic design is needed to capture a share of the remaining orders. He also notes that modernization calls for greater capacity and facilities than rebuilding.

The article looks at the financial performances of steam locomotive builders Baldwin-Lima-Hamilton (B-L-H) Corp. and Alco Products, Inc. as of April 1, 1956. Particular focus is given to their reliance on the production of steam locomotives at a time when the locomotive industry had already switched to the production of diesel locomotives and the consequences for their business operations. The companies' diversification efforts are also discussed.

This section offers company news briefs in the U.S. as of May 1926. Issues discussed include the completion of the factory of sugar producer American Beet Sugar Co. at East Grand Folks, Minnesota, approval of the merger of locomotive manufacturer American Locomotive and rail spring manufacturer Railway Steel Spring and dividends of Atlantic Coast Line Rail Road. Other companies mentioned are automobile maker General Motors Corp., utility General Petroleum Corp. and India Tire & Rubber Co.

The article focuses on William G. Miller, president of locomotive maker Alco Products, Inc. Miller took over the presidency of the company in early of 1962 when Alco was in its deepest trouble, says the article. To resolve the company's problems, Miller straightened out the kind of diversification Alco had tried and diversified in a different fashion.

The article reports on the approval of the budget amounting to 16,500,000 U.S. dollars for the construction of a government-owned locomotive factory by the national government of Indian in February 1947.

This section offers U.S. corporate news briefs as of December 15, 1926. American Locomotive Co. president William H. Woodin has declared the impossibility of a merger of the American, Baldwin and Lima Locomotive companies. Night work at American Woolen Co.'s Baltic mill has been suspended, with a full force working on the day side. Extra dividend of 12 1/2 U.S. cents will be offered by Associated Gas & Electric on the original series preferred stock payable on December 31.

Reports on the strike at the Paris Gare de Lyons Locomotive Depot in Paris, France. Observation that main issue in the union-government conflict was over increase for the category of skilled workers; Generalization of production bonuses for wage readjustments; Accusations of rightist press against the Communists of being the invisible bandleader of the strike wave.

The article presents information on the book "Driving Axle," by V. Ilyenkov. This book is an account of a critical period in the development of a large locomotive plant. The book contains a history of ceaseless struggle are clear. Men are broken, die, come to promotion, quarrel, are reconciled, but the life of the plant goes on, and through all these happenings, tragic and otherwise, the knitting together of men of diverse character and education into one cooperative unit turning out first-class work for the Soviet proceeds steadily.

This section offers labor news briefs in the U.S., including the shortened vacation for American Locomotive's Schenectady workers as a result of lost production during their seven-week strike, the wage settlement between Missouri Pacific and the Brotherhood of Railroad Trainmen, and the reinstatement of Berry Blassingame as member of the United Auto Workers (UAW) following an appeal.

The article offers global news briefs related to business including the plan of General Motors Corp. (GMC) to build diesel locomotive factory in London, England, the plan of Standard Oil of New Jersey to set up a refinery in the Low Countries in Europe, and the order for trucks and buses by Israel at Ford Motor Corp. (FMC).

The article looks at the financial performance of diversified company Alco Products Inc., formerly known as American Locomotive Co., as of November 1, 1957. Particular focus is given to the efforts of its president Perry T. Egbert in diversifying the company's business through its involvement in non-locomotive industries such as petroleum, mining and utilities.

The article presents information on the test implementation of gas turbine engines as a substitute of diesel engines in U.S. locomotive industry as of October 15, 1949.

The article announces that members of the Associated Society of Locomotive Engineers and Firemen (ASLEF) who previously organized a labor strike have returned to work.

The article reports that locomotive makers in the U.S. will get munitions orders as railroads will need only 300 new locomotives in the next two years.

A letter to the editor is presented in response to the article "Modernization Rides the Rails" in the December 15, 1936 issue.