OCR Text |
Show ANOTHER BIG CORPORATION 1 PLANS UTAH PLANT 1 Biff UTAH LAKE SITE FAVORED BY OFFICIALS 1 i Unusual Interest hns dovolopod in this locality in tho nnnouncomont that tho Paclllo Stool corporation organized by somo of tho largost interests in-terests on tho PacIIlc coast togothor with Salt Lake capitalists has plans woll undor way for tho ostablishmont in this stato of a stool Industry which It Is contemplated will bring togothor in ono vast ontorprlso 75 por cont of the stcol manufacturing capacity of tho Pacific alopo and tho largost privately owned iron and coal properties prop-erties on tho continent. Undor tho plans, which call for tho expoudlturo of $8,000,000 in Utah, provision will bo mado for a production produc-tion of pig Iron at tho rato of 400,000 to 500,000 tons annually, using tho rich Iron oro from tho J. 8. Mllnor corporation holdings In Iron county nnd tho coking coal from Carbon nnd Emory counties, with Utah llmostono nnd othor raw matorials roqulrod for ,1.1m linitln .t? nil mlA..M Ii.t1l.4.liil lino UMOIU Ul UII lUUUUlil lUUUBlllUl Ufa, stool. - ' While thoro has boon no nnnouncomont nnnounco-mont concerning tho location of tho projected furnaces and coko ovona, It Is bollovcd that tho shores of Utah lako will probably furnish a sultablo slto, It being polntod out that transportation, trans-portation, living conditions and accessibility ac-cessibility to tho doposlts of coal, iron, llmostono and othor matorials mako tho Utah lako an inviting point for such an enterprise ns Is lndjcatod by tho attention glvou to this locality by tho Columbia Stcol corporation. Iron and coal properties of tho Mllnor corporation which aro to bo mado tho basis of tho Utah operations opera-tions of tho Paclllo Stool corporation aro sttuatpd In Iron and Carbon counties, coun-ties, rcapoctlvoly, und. may bo connected con-nected with oxlstlng railroads by now linos not moro than 2D mlloo In length, according to J. S. Mllnor, secretary sec-retary of tho Utah corporation. |