The Algona Upper Des Moines from Algona, Iowa on May 2, 1957 · Page 17
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The Algona Upper Des Moines from Algona, Iowa · Page 17

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Location:
Algona, Iowa
Issue Date:
Thursday, May 2, 1957
Page:
Page 17
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i per Bes <^% WEIDINHOFF CORPORATION Arthlversorf Steffdft MAY 2, m? ALOONA, IOWA Weidenhoff Corporation, Algona, Observes Its First Anniversary **• * . . ... MB^ Loca/ P/anf, Subsidiary of Snap-On Too/s, Expanding Officers of Weidenhoff Corporation Algona, (owa ONE YEAR OLD! ••hi .,?3 eratio £*.. al Weidenh °" Corporation here were suspended the other day long enough for the birthday cake" ceremony held by the company's supervisors' group, as pictured above. , . th» Upwhh > « , of .. We .»denhoff Corporation is shown about to do the honors in cutting C e of Ca C ke prtide h nt Wa and I'm ^Ai^S^' ° f C ° mmerce ' and was P resented * Bill Finn! n»nW 0 nni ^.nu^fi a ?i l ce S f V 16 , cake are left to right: Kenneth K. Wagner, Ken T. Peirce, w"W! ' Daniel, Bill Funk, Henrietta Boekelman, Harvey Godden, Virgil Gunder, Robert Barnes. Francis FuDM e f t UDM ' and . Ml } es Sloniker - Elmer Walter, ill on the occasion, is not pictured. ALGQN A IOWA OFFICE OF THE MAYOR It is the wish of the city administration of Algona that a formal message of Congratulations be presented to the Weidenhoff Corporation, of our city, on the occasion of its first anniversdry. As mayor and spokesman for this body, I consider it an honor and privilege to forward these congratulations, on behalf of Algona. Industry, we realize, has become a more important partner with agriculture in the economy of many Iowa cities like Algona. All municipalities, it appears, are trying to improve themselves, to the end that we may have a proper and wise admixture of agricultural, commercial and industrial activities. The new Weidenhoff Corporation, a subsidiary of the world - famous Snap-on Tools Corporation, assumes a most important status in our community development, along with other Algona industrial organizations of like caliber. Algona extends the hand qf friendship and cooperation to Weidenhoff Corporation and to Snap-on Tools Corporation, and wishes them a future filled with success and happiness. Wednesday, May t, taw the completion of the first year of operations by the Weidenhoff Corporation here since its organization twelve months ago as a wholly-owned subsidiary of Snap- on-Tools Corporation, Kenosha, Wisconsin. The bulk of Ihe assets of Jos. Weidenhoff, Inc., including factory buildings comprising some 31,000 square feet of floor space and situated on 22 acres of ground just east of Algona, were acquired by the newly-organized subsidiary, Weiden« hoff Corporation one year ago. The parent company, Snap-on-Tools, operates plants in Kenosha, Wisconsin, and Mt. Carmel, Illinois, and has two foreign subsidiary companies, Snap-on Tools of Canada, Ltd., Toronto, and Herramientas Snap-on de Mexico, S. A., besides its domestic subsidiary, Weidenhoff, of Algorta, Iowa. Officials of the Snap-on organization are joining with the local Weidenhoff Corporation staff in observance of the "first birthday" of the latter company. Service Clubs On Plant Tours Members of- the three local service clubs were guests of the Weidenhoff Corporation on conducted noon tours of the local plant this week. On Monday, Rotary members visited the slant; Tuesday saw the tour made ay Lions Club members, and today (Thursday) the Kiwanis Club will be guests of the company on he tour. W. W, DANIEL President Cordially, v. MAYOR MEMBERS OF THE ALGONA CITY COUNCIL: Leon H. Laird, V. M. Parsons, Byron P. John Dreesman, E. H. Furst, Arnold W. Elbert KEN T. PEIRCE Vice President WM. C. NEMITZ Treasurer Snap-On Stock Earns $5.54 A Share/1956 See Later Story Page 3 Of This Section Snap-on Tools Corporation annual report for the year 1956, including its subsidiaries, revealed the fact that after all charges consolidated net income of the company was $1,904,125, as compared with $1,421,652 for the year, 1955. This was equivalent to earnings of $5.54 per share on the company's outstanding common stock as of year's end. The common is not listed on any board, but it is reported that the present marketable value of the common ranges around $48.00. Cash dividends of $1.80 per share were paid during 1956, to holders of Snap-on common stock shares. A similar amount was paid in 1955. Cash dividends of $1.50 per share' were paid during each of the preceding years. A stock dividend of two per cent was also distributed in December, 1956. At the end of the year, there were approximately 1,200 persons holding the coni- pany's common stock. While earnings of Weidenhoff Corporation, as a subsidiary, were not officially disclosed, it was learned that the local company had earned a modest operating profit in 1956, all of which is being reinvested in growth and development locally to the extent necessary. At present, Weidenhoff Corporation of Algona is supplying to Snap-on Tools and its Mexican and Canadian subsidiaries a full line of automotive testing equipment for resale, including sometimes formerly purchased from other suppliers. ,, NO Tall A calf born last fall on the Herbert Bauer farm north of Dysart is normal in all particulars except that it has no tail. It's thriving, in spite of the fact thai it is a very rare calf who must go through life with nothing to swish with. From 14 To 66 Employees ... In One Year A substantial growth in number of full-time employees has marked the first year of operations of the new Weidenhoff Corporation here. When the subsidiary took over the old Jos. Weidenhoff, Inc., firm on May 1, 1950, there were fourteen employees at the plant. Today there are 66, an increase of 52 employees. In addition, there are five officers of the corporation, as pictured on this page. Weidenhoff Employees and Positions Held OFFICE . Elmer Walter — Algona .__• Accountant Bernadette Beaumont — Algona -~ Secretary Darlene Seller — Sexton Bookkeeper Joan Price — Wesley ._ Secretary Agnes Von Bank — Bancroft , / Billing Karen Kuchenreuther — Algona Secretary Shirley Sorensen — Algona _____ Receptionist Marlys Yegge — Buffalo Center _ „ Payroll ENGINEERING*' V. L. Gunder — Algona _ ___ Chief Engineer R. E. Barnes — Algons „ —— Project Engineer Marlin Larsen — AlgdhH _____________ __, Engineering James Guffey —• Newton __j Engineering David Yeoman — Algona _ _ *._____ Engineering PRODUCTION CONTROL ^ Kenneth Holcomb — Algona __________ Production Control Mardell Helleseth — West Bend _ _ _ Clerk STORES Howard Hentges — Algona Cost Dept. Edward Broesder — Algona Stores John Bahr — Algona Stores _ SHIPPING Kenneth Wagner — Burt Hugh Carroll — Algona Francis Mishak —• Algona Manager Shipping Shipping ROBERT I*. GROVEH Secretary MILES M. SLONJKER Awl, S*er**wy __ MACHINE SHOP _ "H. Last — Algona General Foreman William Funk — Aleona Foreman LnMar Climpson — Plover Asst. Foreman Wilbur Courtney — Algona _ Machine Paul Grpnbach — Algona Machine Roger Sinnwell — Bode Machine Darold Ashton — Altrona Machine Ralph Fridolfson — Humboldt Machine Vincent Bernardo — Algona Painting Darrell Robinson — Algona Painting Richard Mogensen — Swea City ', ~ Painting .Tfirrv MrVay — Aleona „ _. Painting Charles filbert — Alcona _ ___• Machine Darwin Koepke — Burt —- Machine Dean Sparks — Wesley Machine Joe Penning — Wesley Machine Ralph Burns — Algona Machine Lewis Kent — Burt- Machine Krman Hanson — Algona Machine 7ane Dodds — Algona .... Machine Frnnklm Jensen — Ringsted Machine Ralph Gilbertson — Bancroft _ Machine Hubert Marking — Algona Machine Charles Harmon — Algona Machine ASSEMBLY Francis Priester — Bancroft _ Chief Inspector Henrietta Boekelman — Algona „_ Dept. Supervisor Frederick Strutters — Bancroft Assembly Jane Hildebrand — Algona . Assembly Evelyn Wetzel — Algona Assembly A° l v*«io C n ar b! on Ti Lake Mills — —- Assembly A. viola Beck — AJgona _ A<?<?pmhlv Esther Charlson - Lake Mills " * uem w y ^. B 'l oh " son -7 Algona -------- ..... ------- Assembly Blanche Lage — Altrona ______ mv Dorothv Matson - Algona _____ I ...... --------- Assmblv Mildred McVay - Ale-ona ______ __ Assemblv Kathryne Esser -Whittemore ___;.:::::::;;;: Asslmb ? Leona Smith — Algeria _t ____ A^pmhlv Geneva Daugard -St. Benedict '"" --------- Assemblv Ruth Schadendorf -.Whittemore ._ ..... John Penning _ Wesley --------- ..... ;::;;;; SERVICE Harvey Godden — Algona ----- ......... Service Manaeer Anthony Hansen — Whittemore ..... _ Service Geraldme Wolfe - Algona ........ J_ ..... , Servfce Products Being Shown In City Store Windows An extra, unusual feature in the observance of Weidenhoi'f Corporation's "first birthday" here will be the display of the company's manufactured products in several downtown Algona store windows. The displays are now in place, and will remain throughout this week, so that the general public may view Weidenhoff fiaished ;e$t equipment products "made Algona." The todays way be asea in the windows of J. C. Penney Co., Busk Drug & Jewelry and Bjustrom'g Furniture CB. 7" TBSSB When the wind May <&wn a iff3! lj ?$ lroin a tree en tto Waldo Widwnsiw lwi»i Stratfo

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