From the Richmond Times-Dispatch, 7/24/1931, p. 1, c. 3

Iron Works Gets Contract of $400,000
Tredegar Company Will Manufacture Target and Other Shells for the Navy Department
Work to Be Given To 300 Employees
Estimates Show Eight to Eleven Months Will Be Required for Project
By George H. Manning.

WASHINGTON, July 25 – The Tredegar Iron Works, Richmond, was today awarded a contract by the Navy Department for manufacturing target and other shells amounting to more than $400,000.

The capture of this contract, for which the Tredegar Company was the lowest of nine bidders, means work for about 325 employees in Richmond at high wages for between eight and eleven months, according to careful estimates made by officials of the company and the Navy Department.

The contract awarded the Tredegar Company calls for delivery at St. Juliens Creek Naval Depot, Virginia, within the next eleven months of the following naval ammunition:

Four thousand fourteen-inch shells at $44.23 each; 8,000 eight-inch shells at $22,42 each; 4,500 six-inch shells at $10.12.

Delivery of 200 eight-inch shells at $37.15 each, of a different type from those to be delivered at St. Juliens Creek, at Iona Island, N. Y., is provided for in the contract.

The bids for this job were opened at the Navy Department on June 24. There were nine bids submitted by the following firms: Tredegar Iron Works, Bethlehem Steel Company, Midvale Company, Philadelphia; Crucible Steel Company of America, Harrison, M. J.; Goslin-Birmingham Company, Birmingham, Ala.; Hardie-Tynes Manufacturing Company, Birmingham; Poole Engineering and Machine Company, Baltimore; Harrisonburg Pipe and Pipe Bending Company, Harrisburg, Pa., and Frankford Arsenals, an army plant at Philadelphia.

The Navy Department was on the verge of awarding the contract to the Tredegar Company about two weeks ago, but a bitter controversy then ensued when objection was made by the Crucible Company and the Bethlehem Company.

In the final award today the Navy Department awarded contracts amounting to about $100,000 to the Crucible Company and the Bethlehem Steel Company for manufacture of 14 and 5-calibre shells.

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