WAR INDUSTRY

Wairarapa Times-Age, 28 June 1940, Page 5

WAR INDUSTRY

IMPORTANT DEVELOPMENT IN CANADA BRITISH FINANCIAL SUPPORT. WIDE RANGE OF MANUFACTURE COVERED. By Telegraph—Press Association— Copyright. (Received This Day, 10.20 a.m.) OTTAWA, June 27. The British Supply Board has assumed the capital cost of plant construction on behalf of thirty-five Canadian companies, most of which are already ‘producing munitions, explosives and war material. The board’s commitments exceed 50.000,000 dollars and the capital expenditure is expected to produce materials, valued at over 250,000,000 dollars annually. Many plants are producing shell components, thirteen shortly will produce shells, four are producing gun-barrels, one twenty-five-pounder field guns, carriages and instruments. Also there are two explosives plants. In addition, Britain is buying foodstuffs and raw materials valued at 400.000,000 dollars during the first year of the war. FIGHTING PLANES OUTPUT INCREASING APACE. (Received This Day. 9.40 a.m.) LONDON. June 27. It is announced in London that the war plane production of Canada has reached a point when 1,028 machines can be promised this year and 1,583 next year.