Document zdyRrMGvgdJ93KJDvJ4vxRQna

" THE DENISON HERALD Denison, Texas, Thursday Evening, Feb. 25, 1965 REPORT TO KIWANIANS ----------------------------------- -- - ' MAR 6 JI965 J-M Plant Here Makes Enough Pipe To Reach To The Pacific History of Johns-Manville and A. R. Fisher, and currently C. some present day statistics B. Burnett were given the Denison Kiwanis FIRM STREAMLINED Club by Mike Burton, industrial Reorganization of the firm relations manager at the local into six fetreamlined divisions in plant, Tuesday. . 1946 was another landmark. In its 107th year, Johns-Man Other divisions have been add ville draws from a rich busi ed since -- such as the Libby- ness heritage starting with H. Owens-Ford fiberglass which W. Johns' small manufactur put a new plant Into operation ing firm in New York City. at Cleburne last August. Johns realized the possibi A 1955 move saw the indus lities of asbestos and market trial products division split in ed a fire resistant roofing. to three divisions, including the Meantime, C. B. Manville and Transite Pipe Division which his three sons were making a added the Denison plant in 1957. clay-paper pulp insulation in There are now 12 Johns-Man Milwaukee, later using sheep's ville divisions in all. . wool as a bonding material. "Johns-Manville employes 20, Merging operations led to the 400 persons and' has 30,000 H. W. Johns - Manville Co. in stockholders," Burton reported, 1901 when annual sales were $3 "and J-M sales volume is now million. $458.9 million annually. . Acquiring the largest asbes Burton noted addition of plas tos mine in the world at As tic pipe manufacture, starting bestos, Ont., in Canada was an with a plant which made hoola important company step, and hoops at Franklin, Pa. in 1927 the company stock was Denison's plant now has four sold to the public in a reorgani plastic pipe machines in pro zation. At this point Tommy duction and is turning out half Manville, famous for his 13 to six-inch sizes at the rate marriages, disposed of his In of 1,800 miles per year.. terest in the firm. "Two asbestos-cement mach ' Louis H. Brown became chief ines turned out Transite pipe company executive in 1929, a to lay 1,755 miles last year -- post he held until his death in enough to reach from Denison 1951. Many present J-M poli to San Francisco," Burton not cies and philosophies were formed , under his leadership. ' EMPLOYE GROWTH Since then the coroporation has Couplings totaling 155 miles been headed by L. M. Cassidy, -- Denison to Oklahoma City -- were also made, and 16 to 17 truckloads shipped daily to move production from the Den ison plant to customers. When production started in March, 1958, J-M had 118 em ployes here. Today there are 257, according to Burton who handles personnel at the plant. The 1964 payroll was $1,695, 680 at the J-M plant here. Working three shifts, around the clock six days a week is necessary to keep up with Tran site demands, Burton said. During a day the plant uses 150.000 pounds of asbestos fiber. 300.000 pounds of cement, and 150.000 pounds of silica. The silica is' ground" from locallyacquired sand. The plant draws a million gallons of water daily from Red River for its opera tion. This is returned through settling basins to the river. , Burton took note of the shor tage of skilled craftsmen such as electricians and- machinists, J-M Cites Texas' Interest, Slates TheT96J;annual stockholdersmeeting of Johns-Manville Co.' will- be held in Fort Worth for the 'first time March 11 at 2 p; m. at Hotel Texas. The-meeting will be held here as'a-convenience to Southwest ern stockholders and in recog nition of the company's grow ing biVestnients in Texas. Johns-Manville operations. in the sthte-include' manufactur ing 'facilities here ` and at Cle burne,1-. Denison, and Houston. Principal sales- offices are here and:'in Dallas, Denison, Hous ton;'. hnd San Antonio. The firm employs-some'700 persons in Texas, with an annual payroll of more than $4,000,000. . .The Johns-Manville .board of directors wiil hold a directors meeting at' the Fort Worth. Na tional- Bank immediately prece ding the . annual meeting of stockholders. ` ' - C.- B., Burnett, president and chief executive officer, will re view the company's 1964 opera tions and .discuss company plans for 1965 at the stockholder meet ing. Annual election of direct ors is -on. the agenda. All the directors have -been nominated for.re-election. MAR 6 . U555 There are 8;474,895 shares of common stock of the corpora tion; outstanding, each of which is entitled to one vote.' formed under his leadership. EMPLOYE GROWTH Since then the coroporation has Couplings totaling 155 miles been headed by L. M. Cassidy, _ Denison to. Oklahoma City -- were also made, and 16 to 17 truckloads shipped daily to move production from the Den ison plant to customers. When production started in March, 1958, J-M had 118 em ployes here. Today there are ,257, according to Burton who handles personnel at the plant. The 1964 payroll was $1,695, 680 at the J-M plant here. Working three shifts, around the clock six days a week is necessary to keep up with Transite demands, Burton said. During a day the plant uses 150.000 pounds of asbestos fiber. 300.000 pounds of cement, and 150.000 pounds of silica. The silica Is - ground from locallyacquired sand. The plant draws a million gallons of water daily from Red River for its opera tion. This is returned through settling basins to .the river. , Burton took note of the shor tage of skilled craftsmen such as electricians and- machinists, citing a need for more men in these fields. Last year the plant here pur chased $4,129,000 in 'materials and supplies outside of the com pany. ' Burton dosed by quoting J-M President C. B. Burnett's re cent report to the stockholders in which he" predicted a high level of busines activity and increasing operations in 1965. Jim Woodruff Introduced Bur-. ton, C. W. (Dutch) Schnitker presided over the meeting. Bud dy Smith was handshake dol lar winner with R. C. Patrick making the presietation. H. C. Danielson of Durant was a guest Vic Hayes outlined plans for the Texoma Twirling Festival being sponsored by the club at Denison Senior High Gymnas ium all day Saturday. a-as - k s