1 APRIL 1938, Page 44

BRITISH ALUMINIUM DEVELOPMENTS.

The British Aluminium Company last year increased its profits and its dividend and produced a record tonnage of its product, in spite of rising labour costs, which in the past 18 months have added zo per cent. to the company's wages bill in this country. Behind that achievement lies a story of research and the development of new uses to which Mr. R. W. Cooper devoted a large part of his speech to the share- holders on Tuesday. The developing fields for aluminium which he discussed included the road transport industry, the building industry, the aircraft industry, the packing of goods, and, naturally, the kitchen. He reported steady progress in the normal fields for the application of aluminium as well as the development of new ones. He announced that the company had extended up to the limit of its property at Burntisland and is now building a third alumina works at Newport, Monmouth, and he spoke with considerable hope- fulness of the company's financial prospects this year. * * * *