HEAVY INDUSTRIES
EXFANSION BY KRUPPS. (United Press Association—By Electric Telegraph.-—Copyright.) (Times Cables.) Received January 24, 10.0 a.m. LONDON, Jan. 23. The Berlin correspondent of the Times says that the annual report of the munition firm of Krupps records a sweeping expansion of 109,000 employees compared with 46.000 in 1932 Exports last year increased by 20 pei cent., largely as a result of locomotive and railway equipment contracts, Krupps are now planning to establish a plant for the extraction of oil from coal. They are also opening new iron ore mines. A Berlin message states that Krupps have declared a dividend of 5 per cent, compared with 4 per cent, in 1936. There had been no dividend tor the past 14 years.
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Manawatu Standard, Volume LVIII, Issue 48, 25 January 1938, Page 2
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121HEAVY INDUSTRIES Manawatu Standard, Volume LVIII, Issue 48, 25 January 1938, Page 2
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