Document Jr1bRwoYJno0vLL6nKyRKVDxX

HISTORY In 1952 Reynolds Metals Company bought Southern States Iron Roofing Company, essentially from the Internal Revenue, to protect $40 million of aluminum 6ales. Reynolds' product was used to produce aluminum roofing, sold through Southern States' 16 warehouses. The present SIRCO, then an integrated part of Southern States, was a conventional drum producer as well as a producer of field assembled drum?. In 1971 the company, for several reasons, started losing money. In February 1972 the management was removed and the current president, then'bales manager, was installed as president. After analyzing the overall situation, the conventional drum plant was closed. Sales were cut in half. Three months later the plant was in the black and operated the last six months of that year at acceptable profit levels. A similar situation exists today - - one profitable operation and one that is nonprofitable. In 1976, using the space made available by closing the conventional drum plant, four aluminum metal decorating lines were moved from Reynolds' Alabama plant to the SIRCO plant in Birmingham. Key Reynolds' personnel were transferred to operate the equipment. Adequate market and margin existed then and now. TX GARRETT RMC0002058 PLAINTIFFS EXHIBIT RMC-520 I 01 Alum. Mill Products Alum. Rfci. & Rxt. ; 08 Alum. Ind. Rig. & Bxl 8 C? Alum. Romcrv- Equip. 10 Alum. /wise. Prod, 11 Alum. W/B Siding 12 Alum. Awning Sheets 13 Alum. Awning Supp. 14 Colorweld Sheet & Coil i 15 Aluminum Scre^US 16 Aluminum Windows 17 Do-It-Yourself 18 Fcmr Gates 19 ^ents & Trim 20 Metal Accessories 21 Alum Poultry House 101 Carbon Steel 102 Steel Bars & Anqles 106 Expanded Metal 107 Steel Rfa. & Fixti '0? Steel Raincry. Equip. '--'-!-1-0----S-te-e-l--M--Is-c-.-P--ro-d-u-c-t-s----111 | Cabinets ! 12 Garaqe Doors 8 SO Mfsr,, Income 201 Stnls. Stl. Sht. & Coil 202 S. Stl. Rod, Bar & Struct &203 Stnts. Stl. Tube Pipe 204 Stnls. StL Fittings 86C Latm Edwins: Dec. 19.X 929 42 367 /X623 8822 .5863 362823 273 7231 36 1 743 3-30/ VH34 1/3-7 327/3 795 S240 120477 78343 14304 2/76 7o 068 136 736 02S 7446 3/394 /"$/ Bov. 17919? 167247 6842 72/9 r'2 s) *v 76 7/6 52126 At,3# 44(700/^)\ AXs&f 7257 767/ 7667 7699 7550? 67379/ 50 71692 1910285 22823 75342 2248 5234 236 722/01 70487 10528 /03SA 76 301 Brass & Copper 401 Asphalt Roofing 402 Plywood 403 Flexible Insulation 404 Pipe insulation 405 Home Insulation 406 Rigid Insulation 407 Fiberglass Panels 408 Polyethylene ;yo9 Coder Shingles .r4io Stairways 411 Wall Paneling 412 Wood Doors '413 Asbestos Products 30S2)4 SXoM 732/52 67X63- 11 76/ 72/26 55626 14523 750C f377 32.9 64*0 2743 9972 263?/ 74670 720/02 60942 1479/ 14737 53527 20/78 7377 23 833 &7f 5763 73779 16267 5TT TOTAL /2SLZ9S / 3 1/909 Dec. ------ Dec = 1958 Dec* 1957 0, P Yr. To. Pete YfoTo Sate $ 239% 45*.,, < n9SS33 A 783226 1 /19.0A-S=X>>3^7T/-T37.O. XX Ill X 733369 /712 787c i 1 <i/ 127.328 i 390/4 $ 2X54! b 3/9493 6/58 h 33237 XZOOS 765922 6/3/0 22,% 2.66/ ____8.2232... 803667 / 49679 tnoo 88852 XZi.sz> 17726,27 / 2.49/3/ 332 7&T } X 2 34067 X 3390 / 2282 967707 -S969? t 6469# /39/07 l. / b04/X 022s) 733 i 269625 1050 07<7 7943746 / 8/7709 /4S&S2 /14X57 23/3/4 552240 202 708 782/4 27,446 9 J7S-OS / X/ l4>7 8 670 894/6 / / 758309 189 774 RMC000227I * t(1*50 '726$ 7 756806921 01 Alum. Mill Products 07 Alum. Rfg. & fixt 03 Alum. Ind. Rfg. & fixi 0? Alum. Rainuy. Equip. 10 Alum. Misc. Prod. I i Alum. W/B Siding 12 Alum. Awning Sheets Alum Awning Supp, Colorv/eld Sheet & Coil Dec. Bov. 1959- 52* 14 030 Dec*- Dec. 1959 Dec. 1958 3o Pc 1258- Yr. to Data JsErr. to Date &/fZ 9A3 % 7/. f4\) V)g fo3/. 0 7 13 UA to* m 44 j7> 7 ifiV 433 7 77 7 -53312,17 _JX0 94b 43131 JJL3H 3// 7M is 7 xu.M.n /J /n Jjl%4_ .1.321 .ISf.MZ }/4 ?/j\32.9L JUJ1 IZL377- 4 m 10\ 04o U'9 74oJl4 / 021. 2 fob 7 39ft 13L4J3L )33 369 27/3 41 4/1 97 7> 92, 43 17 L \4b0 747 \///Z 3 320 b MS ll I/O XX! \ /8b, / f 7>%4 4 /4o H 31111 :i4. Qi4{2.I/ 16 Aluminum Windows *7 m 4-7 OOP ,27 .004 434 tel 332 9U /i7j,vO--s* ^*2 H* O 19 Vents & Trim 20 Metal Accessories 9 944 3 444 _21 Alumn Poultry Hsea // 437 22 ,Alunu Life Guasd Sdg. /b 49J _ia C^rhon_fiirftfiT. 106 Expanded Motal 107 Steel Rfg. & fixt. ! 09 Steel- Rcincry. Equip. NO Steel .Misc. Products m Cabinets A3 y/f. <h 937 177 //2 If /> 70 424 .2 82o JU4A 4 .30} 744 247 n> 434 a wf- ft M j {, ?y? 4 111 n 4 in } 147 /{? 7 483 XL>3 279 .44 70% /oA 7 77/7 1 240 In I 240 31___ Hilo. \3 $i &31 - `740 241309 JllJJh-D fe VVJOJ 17)0 2/1 120 97712103 447 ! 1) J bJ 7 H-7! f )3 747 / 8 747 3J. .2ol ,249 /37 ^ 27? :XUp /4 9o4 3i7 434 3 471 ,y/! no ! 4*, 2 70 34 2b! W07 201 Stnls. St!. Sht. & Coil 2C2 S. SO. Rod, Bar & Struct. 203 Stnls. Stl. Tube & Pipe 204 Stnls. Stl.. Sittings JLLJdl n 0/JL // '448 / 73Jl 03 747 /8b 024300 9,143 4 7/4 7 44l W7 772 42 <73 11134 3b3 4/3 143 74 OIL 33 U3 97,7 70 7/2-7l mu /hl Ja? o /3I 73 71! 31 H. 7,0 4/2 303 p 301 Brass & Copper 401 Asphalt Roofing 402 Plywood 1-403 Flexible Insulation 404 Pipe Insulation [405 Home Insulation 406 Rigid Insulation 407 Fibe. glass Panels 408 Polyethylene 409 Cedar Shingles :Tio" Mifirin Blflgn Products |4lT Wall Paneling 412 Wood Doors 4i: Asbestos Products 39 t>4! 74 771 70 7.22 b loo /3 427 24 /jT j46 1449 6 o41 .420 ^4 m 70 iob4 4 22/ <14 7b9 30 4o4 UI 741 27,9 b)6 m .VHO 72 341 .42 039 W 89b //)4Q 074 7.7* ko 34 37)9 m /43 987 /JO 1743 74b /0.23 bl (d 3 -A 7 274 9/b 173 217370) 13.28 . 4>44 // )!/ 9b 374 l 4 8 047L,40o l6 798 72 10 032 408 33/ 3/4 )033 41 722 .44 12 A iQ2 04 2 443b 14 31.6 7 7 734 i4 373 /20 41b 33)2 707 ,8334 )D 930 7 4oo //>? / 17 72 3/4 ,19.78- 14 194 2 977 3 r3 9 4L 2L4 4t>9 30.33 7 //)/ 371 94 7d/d0 1 // 3o7 ,/9Jl JO 030 4 483 94 L>4! 73/ 4/b H.43 3 77, 9 743 107 9 7b /17.4>9 \jJ.)o 3 914 4 773 / 32.2 43. 183 I0)/!-!) TX GARRETT TOTAL CSE LOX A-515 lb4 994439b //lb \oU} 7431..n 0Q1 Atlanta MfK. Alum. mil Prod- Dec. *7* ' ^(m) 007 0] L m? an mk 850 86p Alum Rftr, & Wrh. Alum, v/n FSIAinr ATim- Aiming ^ 244 f (Inlnvwwld ffhrfe. & Ct >11 ^7 3V3- Mfg,, TnorvrM 9 Lawn BfltdLnK eee Scrap /* ^.2 Bov. Dsc. Dec. 1959 Dec. 195c a. p e3i --23a i.ss I i3o fa)j -V kSl ( *%04? 39 m /?? 7H? /47 9<*? m tk t 639 1 133 m j% m 3 3fto m m t Ao97 20 8/0 nt 047 ____39/ = .... >3 7&X ' 119 938 n i23 1 17 3 6f9 l/J 424 3<L14 `TVyfcnl At.lftnfen. Vf/r. ^33 U>! V3of 72? ^9 m *9 062 S3p/ 7OX239 Decariber 1, 1959 fiontelnpr Division oca All*"- lim PnnrJ. *(II w) 8Q1 Saavy Ikruns ' ju m *n 93? 5 23L /o! *H3 ?/ *2 124 73L r) 7/7 220-1 80S T.4prk XTUBS 13y <& m 92 9?<p / 32/ 4/^ 1 377 nt 1 m Alum- HriffliB Mia IfiS 947 3 221 W.1X1 4 839 2 231 i?L tog* k>o3ol\ / 7 ?77( Aw Tnacoe . 73L ortl OorrtR^rer *38\ ?08 **420 43r*> **009. 727 r3 9r 2'4r 2' ' 39r f? 3 Jo4 oo 2 # IVrtftl All TH^f-rvr, J r2 181 on^ ^2 121 33?fl 734 979 23 73! 73L *2o/?o7> / t h r u December 31* 1959 - 1 l. L ' : flETT (t !.0X ASI4 _____________ RMC0002270 (l) Tnrlmtefl Delivery Charges and Custooer Allowances In the Ascent of $1*027,670<,67 Dec. I960 Nov. I960 Dec. 1959 Yr.-to-Date Yr.-to-Oate GP% 3-9.3. S/5?Si_oxc>S33 1L 59?.^3JCS.20.53 07 ! Alum. R:~. Fix-. ' 9 0. / o7~ ixi (<,23___ 52 1 S(>3- 1J97 0 03 / 5/9 L55 20,25 03 | Alum. l-.d. P.fg. & Fixtr. \ XX 72c,'- 29 )39 20 ?'S3 _j is 315. ..-.JLL. 3$.?. 13,35 - . i Alum. Rc.ncry. Equip. J.-JA6.1 Li.... ?Jtl_ j-.\ P-n.4 _S_Z5x_ Alum. W/3 Sioir.m THO 1 XG 12 ! A.:.::v;. .Av.-nirs Snseis h 1 4]___30 iii A.ium. Awning Supp. xo 14 | Co'oiweid Sheet & Coil _23_ 7Y7' t (1 16 ! .Aluminum Winaows . 3.1 _?_ 9j___SZ-MJtl. 19 Vt I rim 20 I Hole: Accessories .. 7__ 9.3.3. /3______ 0 *6. ...i__ ? J.9J___ 13--PJJL -- 21 I Alum. Pcultrv Hsss. .1.3 IH?! 30 a.-7^> ` 22 Alum. Lbeouard Sdr?-r::.:___ ________ is.J. 23 c*n 23 I Alum, iruc'.; Suciic' _____ 3 9a 0 24 Im. Homes Sht. & Coi Igo 5 0^0 SI IX / 76._. n __3 ..73. 33 ?_ I Pi3 3 5 JSC .l/SL.33 3 36.A7. J 6 1 JSo OS, 13 7 5H 33 L 3X0 S 3 Z3..L.1L _/J6_22j_ j/7. Fo _UL_IAi 5H 9/5 . a;5" .57/' g.69 91 713\ 37 511 j 93^ f 6_ . a3__ i /-V7 7H9 a4.73; M-ia1 ,^S 5?3 i 119 332 xx.30. _//_?39_1_fA tr A^r I /J?7 58 3. 2H.3C?. 13 47 Ho; 333- 94...: 2?63 7-67 20.4R L__4/iL,,<3 3-7 : 0/ 3 /. __J_U .72.67 3.D rc_embe_ _ . L . . 19.6 0 ....................... Ti-'u December 3 L I960 101 Carbon Steal 106 Expanded Metol 107 Steel Rfg. & Fixt. 109 Sieol Raincrv. Equip. UO Steel -Wise. Products ' /I Cabinets xjf Stnls. Sti. Sht. & Coil 202 S. Sti. Red, Bar & Struct. 203 Stnls. Sti. Tube A . 204 Stnls. Sti. Fitting; 30 ^ LIJ..S 05-3 0 13 2 S3. !3 t3l f sni /____ m Ji~3 331* <f 2x5 5S HT8 / ^97 U* 3Z3 3 nL5 173 970 2? 152 m Mm 5 3?e> /52 SIS 2 not S2 CM 5 2 SoJ ! 9 323 53? iocs 3 75 9 S3? (, 997: 30 233 a 171 H2\/?f0 097 ; X103 7.5c, \23,9S 9X1 \l4L5: IS IMG, /O rfAH Hi /2.1 X^_2X7 XoQ [23.13 030 L317 4 35 ! 19.55 2 III H II 1 9X0 \ 3G 293;)30L 912 1 133 SM3 3oZ Z3X 33 339 33 7-10 !U,99 j f izo'1027 y.2 7 JoS i r-------- 1 50 7- 1 lx,/9 CjOO r........ 1 IS. oS ^V92 1(5 u./ 3 !> '91 33 3 13 n. 70! i! 301 Brass & Copper 401 Asphclt Roofing 402 Plywood 403 Flexible l:.sulation 404 Pipe Insulation 405 | Homo Insulation 406 1 Rigid Insulation 407 Fiberglass Panels } 403 Polyethylene 409 . Cedar Shingles 410 j Misc. Bldg. Prod. Wall Paneling Wood Doors V*- ** Asbestos Products _____ :____________ TQTAL fsra 30]? K;E IOX X-5I51R J3M, (.32 53 3o.X .5-/ 6 SO 51 312 'll 03 ( 5M HP7 ?X o7o\ 4G! 235 7M3 93? 2?Xi 9.90 | 776i 9.091 Li L9I 51 .7 a 9 3 x/ox jo 9 51 42 ZHL /.? ^35 L 32.5 6 UZL- JOS ZH(, 5o 111 IO ?i's/9 oiM Ml 1M1 12 && 2 If? . 2 7/0 75 SIS 13.95.59 R 13*7 120 9,671 16 SA2 f07 03 G 9/6 >73i/X.l5\ L loo SX .59 3 XL 3 13 / M, 4*4! IX fxl (70 ^.55 a.37 AO? iQo.MR 73 969 527 1.5 )HL 133 5 551 6 031 39 139 030 X5! 752. 521 9 ox )?o I03 0.03 19 V i 12.93 IS. 991 M 1 11 9 *Xo.O \ \ il n 3-213 2 ,*t3\ 3 `fzi 5 0 25 5 HOH .5 oil 5 59o 5 13 7 10 R19 5i Jt>l Qjj 5-7 XCrC x^.si! (~51 \ 11 XlL! C,55 } O (0 Cff *4" 91 XGt . Ill 77 ) 0,771 fU1 6 ZZ 2 3 \*JMf 7 CSl ISSX. M-%3 f ISTsS. 2Z! 15 35/ 13 2- 2 93" i1 $ 85" ffnm o68 SM93S72. K>.73\ TX GARRETT RMC0002267 Penod_.Decembec_1 ^ .1 9 6 0 ---- __________ ,nAJt-lmann tiap_M___fr_j_. _______ -- Dec - I960 O0i Alum. Mill Prod. . * 007 Alum. Rfg. 4 Fixt. , 008 A1 urn.1nd.Rfg. 4Fixt. Nov. 1960 s Dec. 1960 Dec. 1959 Dec. 1959 Yr.-To-Date Yr.-To-Date GPj * &8l) oa / i ! / !So\ 1 -O?0 Alum. Misc. Prod. X48\ ! 9,/a :d. Alum. W/B Siding ,J2||Alum. Awning Sheets 013jAlum. Awning Supp. 014 Colorweld Sht.4Coil . 019 Vents 4 Trim aO <2ll) 850 Mfg. Income 860 Lawn Edging 9.H- 4- \o 888 Scrap 9 O 19 71 33\ 1 so n r 67 19 13*4 3 83 1 / oei n 9o! () o)\io,i>21 744 ___US 8l.n\___H9 iSLJrn V / 9 o*f\ | 659 3SJ.O Von 343 .99 7 038,338 0 7l8 4.33 \)5 i ' ! zo.s? 9 888 //96 l4l\ 16 766l 1 9 1 0411 ; .il / / 9 438 47 US /6 663 141 789! IAI -414 3. 3/1 i Total Atlanta Mfg. *93 . X\3 $\SS. 8 Oo!*^W.6 6 I *JII .43/ / R3.S 9,4>v! Container 0iv. 001 Alum. Mi 11 Prod. 801 Heavy Drums 802 Light Drums 804 Alum. Drums 805 Pails 850 Mfg. Income i $ s * (j 1 H3*AS 7 l 145 29 9 / / 6 (o(oS \%(n 1 gg\ UoSM ?&\ 3U24 731c 39, EC, )'3Z 9 3T 13 9 0 6 ___13*4 OSS l 8S0, L\0 IS3. / 4/S04.S3 L2 89 8 4 Old )5C, 8^. C/30.4 t 9. a 9S' 4 13 7 3 33 1 ih 1751 lo son IZ.33 qss 'Total Container W 32?1 / 109 7g *32!F.S9P * ES--S--'S- /--67--9 *3334.3.3 9 2C.29 Mobi1e Homes Div . 001 Alum. Mill Prod. J 014 Colorweld Sht.4Coi1 024 M. Homes Sht.4Coi1 101 Carbon Steel 405 Home Insulation \ qHsr\* 3 .? / 9 6 L osi 4 938 9 S8S 9 4^0 19 3 OS 1 12X 1 giS 7 7 ;6a IS 7U1 37 3 4-9 11 944 S 999 1C,. 13 1 1 .O? /?- 78 3o,o2 I3JI Total Mobile Homes * /t> .9 /8 * 3S. 1 21 7 s AK.9L8 Total All Divisions 91r 620/.SOI 7 7 *2/f/ 014 *SS.343.I4 7 v* / I9.&9 r>)/vi ---- Thru December 31, 1960 Form joh kee lox A-5I4.R RMC0002 268 includes Delivery Charges and Customer Allowances in the amount of