Monday, Dec. 26, 1927
More Mergers
Grape Juice. United Grape Products Inc. is the name of the corporation formed under Delaware laws last week to take over the properties of seven grape juice and grape products plants in New York, Ohio and Michigan, to buy the complete output of three other factories and the surplus production of a fourth. Their combined production will be more than 1,000,000 cases of grape juice yearly.
Sanitary Equipment. James W. Johnson, Manhattan consulting engineer, last week arranged the merger of three sanitary and plumbing supply concerns--the J. L. Mott Co. (factories at Trenton), the Laib Co. (factories at Louisville), and the Columbia Sanitary Mfg. Co. (factories also at Louisville). The J. L. Mott Iron Works, founded in 1828 at Mott Haven, N. Y. (now part of New York City), was the first U. S. company to make sanitary equipment. Portland Cement. Peerless Portland Cement Co. of Detroit and New Egyptian Portland Cement Co. of Port Huron, Mich., have agreed to consolidate; combined assets: $10,899,000.
Ice Machinery. Nine makers of ice-making machinery have combined as the York Ice Machinery Corp. with principal factory at York, Pa.
Rubber. Ajax Rubber Co. of Racine, Wis. and McClaren Rubber Co. of Charlotte, N. C., have consolidated. Joint assets: $16,000,000; chairman of the directorate: J. C. Weston of Ajax; president: H. L. McClaren of the McClaren company.
Groceries. President H. E. Hovey of the Market Basket Corp., which operates 107 grocery stores in central New York and Pennsylvania, announced the forthcoming merger of his company with the National Economy Stores of Auburn, which operates 84 groceries and 14 meat markets in the same territory.