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#66 Henry Kaiser: Builder in the Modern American West
Founders
Henry Kaiser and the Seattle Tacoma Shipbuilding Corporation
After the World War I boom, many large shipyards had suspended all or most of their operations. The Merchant Marine Act of 1936 authorized adding 500 additional merchant men over 10 years. Six companies joined the Seattle Tacoma Shipbuilding Corporation on a 50-50 basis and won a $9 million contract. By the end of 1940, government officials were hard pressed to find shipbuilders capable of filling orders.
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