OCR

It should be stated here that 1944 was the first year that a bidding record was kept. This record will be incorporated into this work for the reference of the reader from this year forward. As was stated earlier, the reason for percentage listings of projects between 1938 and 1944 is as a reference to the reader of jobs under construction during this period. Thus information was available during these years, whereas earlier it was not. AFFILIATED CORPORATIONS California Shipbuilding Corporation - (Incorporated January 6, 1941) 11.533% Columbia Construction Company - (Incorporated May 22, 1944) 2275% In 1944 merely a holding company. Its principal investments were a joint venture in Ross Dam (25%), Los Angeles Breakwater (44.5%), Corpus Christi (22.2%), Columbia River Channel (50%). It recently received a $5, 000, 000 fixed price bid contract for the construction of a floating dry dock at Swan Island (Portland). The Kaiser Company con- structed the dock and Columbia reimbursed them for the cost of the construction. Columbia formed a joint venture for this on the same apportionment as Los Angeles Breakwater (Columbia 44.5%). Utah did not have a direct participation. Columbia Construction Company Inc. - (Incorporated November 14, 1938) Had 30% participation in Shasta Gravel Contract. Principle source of profits in 1944, Tacoma Narrows Bridge joint venture Compania Utah S. A. - (Incorporated December 17, 1942) S. P. de Mexico project Fuerte River bridge Richardson Canal Sinaloo River Lateral #14 job Consolidated Builders Inc. - (Incorporated November 27, 1937) 8% Oregon Shipbuilding Corporation - (Incorporated January 6, 1941) 8% Consolidated Builders Inc. earning from 1939-42 mostly from Grand Coulee Dam, It was in 1944 purely a holding company for Oregon Ship. It completed the equivalent of 375 vessels to June, 1944.