1957

(continued)

Credit Union Statement:

Assets:                       $957,610.49

Accounts:                              2100

Machine Tool Group Loading:

October, system set-up by J. Walsh.

Centennial Planning:

Planning for centennial year (1958) started with R. Mieike,

T. Jones and E. H. Neese, Jr. in charge.

Transportation Department:

Set-up in place of "Dispatch" under D. Damman.

South Beloit:

October - Old Fair Ground plotted into sectional areas and purchased

material catalogued by commodity.

March - Occupied Lans building as erecting and shipping annex

for dryer sections, small presses, flow valves, size presses,

smoothing presses and breaker stacks.

Research and Development:

Plans made for building to house Research and Devoloprnent

Departments along with Staff Engineering personnel.

Field Erectors - Active in:

United States - Switzerland - France - Italy - Canada - British

Columbia - Mexico - Sweden - England.