Document 6we2Zmx48jrG2XbNJMYpaZj9g

1922---- Ramapo -Ajax Corporation was organized vith our company a cor-trollin* 1923---- Acquired National Car Wheel Company which became part of Southern '-.heel Co. Acquired minority interest in. Southern Manganese Steel Company. 1924----Acquired Pittsburgh Brake Shoe Company. A.cquired Pennsylvania Castings & Machine Works. Acquired Elliot Frog & Switch Company which became a part of Ramapo Ajax Corp. 1926---- Formed American Brake Materials Corp. to manufacture American Brakeblok brake lining. 1927---- Ramapo Ajax Corn acquired controlling interest in the Magnetic Signal Co. 1923---- Formed the Racor Pacific Frog & Switch Co: many. Acquired controlling interest in National Bearing Metals Corp. of St. Louis. 1929---- V. B. Given, Jr. was elected president of the company. Mr. Terbell served as board chairman until his death in /?3A 1930-----Dissolved the Southern Manganese Steel Company. 1932 Ramapo Ajax Corp. acquired controlling interest in the Manganese Steel Rail Co. 1933 Organized a Research Dept, vith headquarters at AMSCQ Chicago Heights plant. 1934 -- Constructed Sargent Research Laboratory at Mahwah. Installed improved brake shoe testing machine. 1936 -- Dissolved American Malleables Company. " Southern Foundry fit Machine Company. " Manganese Steel Rail Company. Southern N'heel became a Division of the company. Constructed the Metallurgical Research Laboratory at Mahwah. Set-up Fadil in Paris, France, as a distributing corporation. 1937 --Dissolved Ramapo Ajax Corp. Ramapo Ajax became a Division of the company. Formed American Manganese Steel Division of the company. Formed American Erakeblok Division of the company. '.^Formed American Forge Division of the company. 1938 --Dissolved tee American Brake Shoe & Foundry Company of California, Formed the Pacific Coast Division of the company. . 1939 --'Acquired Kellogg Manufacturing Company of Rochester, N. T. Formed the Kellogg Division of the company. Formed Brake Shoe fit Castings Division of the company. Company had 47 plants in operation excluding 3 plants of its foreign sub sidiaries end 8 plants of.the National Bearing Corp. 1940 -- Acquired Great Lakes Forge Company of Chicago. This became part of Amforge Division for manufacture of drop forgings. 1941---Dissolved Pacific Coast Division, merging it with BS&C Division. CJPfM O-fOO