Oldal 7 [7]
OCR
~7them undoubtedly ís MacMillan & Bloedel,Ltd. of British Columbia, which is one of the largest manufacturer of timber in the world, controlling folly integrated lumber operations from standing timber to the marketing of finished products. It produces about 50% of Canada's production in plywood. This company also is well managed and financially strong. In the field of heavy industry, the steel production, now relatively small, should, with the help of the newly discovered reserves, show some adequate progress. Here two companies are outstanding! Steel Company of Canada has an expanwa of increasing pig iron and steel ingot capacity y . Page-Hersey Tubes Ltd,, manufacturing pipes and tubing for practically every industrial use, has shown a constant increase of production and sale. The best managed and the strongest building company is "Dominion Bridge Company,Ltd./The company manufactures bridges eranesm boilers and various structural steel wirk with an annu al capacity of 200,000 tons. Sound, long term growth is a characteristic of the Canadian chemical industry, and especially Canadian Industries, which produce a broad line of chemical products, closely affiliated with Du Pont in the United States. George Weston is the outstanding company in the food industry. A baking and merchandising company, it has an alert re aggressive management. Everything points at a prosperous ture. Ogilvie Flour is the largest milling and elevator company It operates IO mills with a combined daily capacity of 50,000 bags. 9 terminals and I34 elevators owned by the company have a total capacity of 9 million bushels. Textile Companies have had, like in the United States, a most difficult year. But it seems that they have passed the lowest ebb, and business might be picking up from now on. The principal of these are Canadian Celanese in the synthetic field, and Dominion Textile, largely in the cotton goods. As far as electric power is concernedm the main effort has been made by industries who needed electric power for production. Only very few Electric Power Companies are existing with public ownership.
