California Glass Insulator Company Resumes

[Newspaper]

Publication: The Long Beach Daily Telegram

Long Beach, CA, United States
vol. 19, no. 97, p. 1, col. 4-5


FIRES AGAIN STARTED;

PLANT IN FULL BLAST


Reorganization of Affairs of Glass Insulator Co.

Re­vives Important Industry


Following a complete reorganiza­tion of the controlling company, the California Glass Insulator Manufac­turing company plant in the harbor district has been reopened and is now running full blast.

Fires were started on Thursday and on yesterday the first actual produc­tion under the new management was made. Shipping of the finished prod­uct will begin next week.

The plant, which has been closed for several weeks, was recently taken over by a new company which was quietly formed and is known as the California Glass Works company. Be­hind the reorganization and the new company is a group of wealthy Ca­nadians who have placed several thousand dollars at the command of the management.

Shortly after the controlling com­pany had been organized a stock is­sue of 45,000 shares was subscribed by the directing board of the new owners. A small amount of stock will be placed on the open market, it is said, though the total will run hardly over 5000 shares.

The first meeting of the new board of directors resulted in the selection of L. Farmer, a Canadian capitalist and manufacturer, as president

Officers of the company in a state­ment this morning announced that since the word of the re-opening of the plant has reached the glass trade, orders have been coming in on every mail. Though the factory’s products will be confined to bottles and insula­tors, it is said that the demand far exceeds the output of the plant.

Nearly 100 workmen have been em­ployed during the past week for service in the plant, the larger portion of the men having been connected with the old company.


Keywords:California Glass Insulator Company
Researcher notes: 
Supplemental information: 
Researcher:Bob Stahr
Date completed:March 23, 2024 by: Bob Stahr;