Document QJ9B62z8dOLnL7ZkzdYqwkVY7

1922 --- Ramapo Ajax Corporation was organized vith our company controlling factor. 1923 --- Acquired National Car Wheel Company which became part of Southern Wheel Co. Acquired minority interest in Southern Manganese Steel Company. 1924 ----Acquired Pittsburgh Brake Shoe Company. Acquired Pennsylvania Castings 1 Machine Works. Acquired Elliot Frog A Switch Coapany which become a part of Ramapo Ajax Corp. 1926 ----Formed American Brake Materials Corp. to manufacture American Erakeblok brake lining. 1927 --- Ramapo Ajax Corn, acquired controlling interest in the Magnetic Signal Co. 1923---- Formed the Recor Pacific Frog &. Switch Company. Acquired controlling interest in National Bearing Metals Corp. of St. Louis. 1929 --- T"r. B. Given, Jr. was elected president of the company. Mr. Terfcell served as board chairman until his death in /73/h 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, with headquarters at AHSCO Chicago Heights plant. 1934---- Constructed Sargent Research Laboratory at Mahwah. Installed improved brake shoe testing machine. 1936-----Dissolved American Malleables Company. " Southern Foundry & Machine Company. " Manganese Steel Rail Company. Southern Wheel became a Division of the coapany. Constructed the Metallurgical Research Laboratory at Mahwah. Set-up radii 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 coapany. v Formed American Brakeblok Division of the company. - ..Formed American Forge Division of the company. 1938 --- Dissolved the American Brake Shoe & Foundry Company of California. Formed the Pacific Coast Division of the company. 1939 --- Acquired Kellogg Manufacturing Coapany of Rochester, N. I. Formed the Kellogg Division of the company. Formed Brake Shoe & Castings Division of the company. Coapany 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. qpiM moo