[Newspaper]
Publication: The Kentucky Post
Covington, KY, United States
no. 4732, p. 2, col. 5-6
PLANT WILL BE
MADE LARGER
National Cellular Steel
Company Expects to Do a
Larger Business.
Will Probably Employ
Hundreds of Hands If
Prosperity Continues.
If the expectations of the promoters of the company go through, the National Cellular Steel Company, of Covington, will in a short time occupy the entire Hemingray Glassworks building, Second-st., and give employment to several hundred men.
B. Morgan Olcott, a New York capitalist, who bought a big block of stock in the concern and who is now its President, is in the city for the purpose of conferring with the local men interested, Attorney Martin Durrett and Jas. N. Rude, of Covington, and Attorney Sidney Stricker, of Cincinnati.
About a year ago The Post exclusively told of the formation of new company, which had patents on a method of bending thin steel sheets into triangular shaped forms used in making the floorings and ceilings of skyscrapers and, in fact, any building where great durability to stand enormous weight is desired. Jas, N. Rude, of Covington, is the patentee.
He and Durrett and several others incorporated the company about a year ago, and since then have been turning out a modest amount of material in the section of the Hemingray building that they occupied. The work in the past was more in the nature of an experiment, and to satisfy capitalists, who were willing to go into the thing whenever teh [sic] the adaptability of the product was demonstrated. This has now been done, and if the hopes of teh [sic] the new President are realized, the concern will be one of the biggest in Covington.