Defense Plant Corporation

Defense Plant Corporation
Company typeState-owned enterprise
IndustryFinancial services
Founded1940 (1940)
FounderGovernment of the United States
Defunct1945 (1945)
FateClosed as no longer needed after the end of World War II
Headquarters
Washington, DC
,
United States of America
Area served
United States
ProductsWar production loans
ParentReconstruction Finance Corporation

The Defense Plant Corporation (DPC), was an American subsidiary of the Reconstruction Finance Corporation, a government corporation run by the United States federal government between 1940 and 1945. To win World War II the United States and its Allied Nations needed massive war production. Many private companies did not have the capital funds to meet the wartime demand for buildings and equipment.

Defense Plant Corporation provided financial support to state and local governments.[1] Defense Plant Corporation also made loans to banks, railroads, mortgage associations, and other businesses supporting the war efforts.[2]

History

The Reconstruction Finance Corporation (RFC) was founded in 1932 by Herbert Hoover to help with the Great Depression, with the outbreak of World War II, it became a war department. Fund requests usually started with the United States Navy, United States Army, War Shipping Administration, Office of Production Management, the War Production Board, Maritime Commission or other war departments. The Reconstruction Finance Corporation had eight subsidiaries. Most requests for new factories and new mills were given to the Defense Plant Corporation.[3] The head of the Defense Plant Corporation was Jesse H. Jones, with Emil Schram and Sam Husbands. It would also offer oversight that factories were constructed, equipped, and operated. By the time it closed in 1945 it had funded over $9 billion into the wartime factories. The funds went to over 2,300 projects in 46 US states and in foreign countries. In most projects, the government owned factories and leased them to private companies. Major factories built were aircraft manufacturing (50% of funds), tanks plants, nonferrous metals, machine tools, synthetic rubber, shipyards and boat yards. The largest project was $176 million for Dodge's Chicago aircraft engine plant. The Dodge Chicago Plant manufactured engines for the Boeing B-29 Superfortress and Consolidated B-32 Dominator. The Dodge Chicago 1,545 acres with a steel forge and aluminum foundry. With the end of the war, the DPC ceased operations on July 1, 1945.[2]

Funded

Defense Plant Corporation motor nameplate

Some companies funded:

See also

References

  1. ^ Vossmeyer, Angela (May 2014). "Treatment Effects and Informative Missingness with an Application to Bank Recapitalization Programs". The American Economic Review. 104 (5): 212–217. doi:10.1257/aer.104.5.212.
  2. ^ a b Olson, James S. (2017) [1988]. Saving Capitalism: The Reconstruction Finance Corporation and the New Deal, 1933–1940. Princeton University Press. ISBN 978-0-691-62952-0.
  3. ^ Sprinkel, Beryl Wayne (October 1952). "Economic Consequences of the Operations of the Reconstruction Finance Corporation". The Journal of Business of the University of Chicago. 25 (4): 211–224. doi:10.1086/233060. JSTOR 2350206.

Read other articles:

Tom Cooper (cricketer)

Cricketer Tom CooperCooper with the South Australian cricket team in 2011.Personal informationFull nameTom Lexley William CooperBorn (1986-11-26) 26 November 1986 (age 37)Lismore, New South Wales, AustraliaNicknameCoopsBattingRight-handedBowlingRight-arm off-breakRoleMiddle-order batsmanRelationsBen Cooper (brother)International information National sideNetherlandsODI debut (cap 44)15 June 2010 v ScotlandLast ODI2 April 2023 v South AfricaODI shirt no.26...

 

 

Howard County, Texas

County in Texas, United States Parts of this article (those related to demographics) need to be updated. Please help update this article to reflect recent events or newly available information. (March 2019) County in TexasHoward CountyCountyHoward County Court House in downtown Big SpringLocation within the U.S. state of TexasTexas's location within the U.S.Coordinates: 32°19′N 101°26′W / 32.31°N 101.44°W / 32.31; -101.44Country United StatesState Tex...

 

 

Villabé

Peta infrastruktur dan tata guna lahan di Komune Villabé.  = Kawasan perkotaan  = Lahan subur  = Padang rumput  = Lahan pertanaman campuran  = Hutan  = Vegetasi perdu  = Lahan basah  = Anak sungaiVillabéNegaraPrancisArondisemenÉvryKantonCorbeil-Essonnes-OuestAntarkomunebelum ada pada 2007Kode INSEE/pos91659 /  Villabé merupakan sebuah kota dan komune di département Essonne, di region Île-de-France di Prancis. Demografi Menurut sensus 1999, pe...

العلاقات الغانية الكيريباتية

العلاقات الغانية الكيريباتية غانا كيريباتي   غانا   كيريباتي تعديل مصدري - تعديل   العلاقات الغانية الكيريباتية هي العلاقات الثنائية التي تجمع بين غانا وكيريباتي.[1][2][3][4][5] مقارنة بين البلدين هذه مقارنة عامة ومرجعية للدولتين: وجه المقارنة...

 

 

Slow Down (chanson de Douwe Bob)

Cet article est une ébauche concernant une chanson, le Concours Eurovision de la chanson et les Pays-Bas. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Pour les articles homonymes, voir Slow Down. Slow Down Douwe Bob interprétant Slow Down durant une répétition, avant la première demi-finale du Concours Eurovision de la chanson 2016. Chanson de Douwe Bob au Concours Eurovision de la chanson 2016 Sort...

 

 

Acqui Unione Sportiva 1938-1939

Questa voce sull'argomento stagioni delle società calcistiche italiane è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti del progetto di riferimento. Voce principale: Associazione Sportiva Dilettantistica Acqui 1911. Acqui Unione SportivaStagione 1938-1939Sport calcio Squadra Acqui Allenatore Andrea Viviano Presidente Giuseppe Collino Serie C4º posto nel girone D. Coppa ItaliaPrimo turno eliminatorio. StadioCampo Sportivo Lit...

Горностай

У этого термина существуют и другие значения, см. Горностай (значения). Горностай Научная классификация Домен:ЭукариотыЦарство:ЖивотныеПодцарство:ЭуметазоиБез ранга:Двусторонне-симметричныеБез ранга:ВторичноротыеТип:ХордовыеПодтип:ПозвоночныеИнфратип:Челюстнороты...

 

 

约翰斯顿环礁

此條目可参照英語維基百科相應條目来扩充。 (2021年5月6日)若您熟悉来源语言和主题，请协助参考外语维基百科扩充条目。请勿直接提交机械翻译，也不要翻译不可靠、低品质内容。依版权协议，译文需在编辑摘要注明来源，或于讨论页顶部标记{{Translated page}}标签。 约翰斯顿环礁Kalama Atoll 美國本土外小島嶼 Johnston Atoll 旗幟颂歌：《星條旗》The Star-Spangled Banner約翰斯頓環礁�...

 

 

Aleksei Stukalov

Russian football coach (born 1983) Aleksei Stukalov Алексей Стукалов Stukalov coaching FC Ufa in 2021Personal informationFull name Aleksei Borisovich StukalovDate of birth (1983-11-24) 24 November 1983 (age 40)Place of birth Stavropol, Russian SFSRManagerial careerYears Team2005–2007 SDYuShOR-63 Smena Moscow (academy)2009–2015 FC Khimki (academy)2013–2015 FC Khimki-M (assistant)2015–2016 FC Khimki (assistant)2016 FC Khimki-M2016 FC Baltika Kaliningrad (assistant)20...

2020年夏季奥林匹克运动会马来西亚代表团

2020年夏季奥林匹克运动会马来西亚代表團马来西亚国旗IOC編碼MASNOC马来西亚奥林匹克理事会網站olympic.org.my（英文）2020年夏季奥林匹克运动会（東京）2021年7月23日至8月8日（受2019冠状病毒病疫情影响推迟，但仍保留原定名称）運動員30參賽項目10个大项旗手开幕式：李梓嘉和吳柳螢（羽毛球）[1][2]閉幕式：潘德莉拉（跳水）[3]獎牌榜排名第74 金牌 銀牌 銅�...

 

 

الدوري البولندي الممتاز 1958

يفتقر محتوى هذه المقالة إلى الاستشهاد بمصادر. فضلاً، ساهم في تطوير هذه المقالة من خلال إضافة مصادر موثوق بها. أي معلومات غير موثقة يمكن التشكيك بها وإزالتها. (يوليو 2019) الدوري البولندي الممتاز 1958 تفاصيل الموسم الدوري البولندي الممتاز  النسخة 32  البلد بولندا  المنظم �...

 

 

Matahari

Halaman ini berisi artikel tentang bintang. Untuk kegunaan lain, lihat Matahari (disambiguasi). Mentari beralih ke halaman ini. Untuk kegunaan lain, lihat Mentari (disambiguasi). Surya beralih ke halaman ini. Untuk kegunaan lain, lihat Surya (disambiguasi). Matahari Diproyeksikan dalam cahaya tampak dengan filter surya pada tahun 2019 dengan bintik matahari dan penggelapan tepiGambar berwarna semu yang diambil pada tahun 2010 yang diproyeksikan oleh sinar ultraungu (panjang gelombang 30,4 nm)...

Pakistan International Airlines

Pakistan International Airlines پاکستان انٹرنیشنل ایئر لائنز IATA ICAO Kode panggil PK PIA PAKISTAN Didirikan1946 (sebagai Orient Airways)PenghubungBandar Udara Internasional Jinnah (Karachi)Penghubung sekunder Bandar Udara Internasional Allama Iqbal (Lahore) Bandar Udara Internasional Benazir Bhutto (Islamabad) Kota fokus Bandar Udara Internasional Peshawar Bandar Udara Internasional Multan Bandar Udara Internasional Faisalabad Bandar Udara Internasional Quetta Banda...

 

 

Игры исламской солидарности 2017

Игры исламской солидарности 2017азерб. 4-cü İslam Həmrəylik Oyunları Город-организатор Баку, Азербайджан Страны-участницы 57 Количество спортсменов 3000-3500 Разыгрывается медалей 262 комплекта Церемония открытия 12 мая 2017 Церемония закрытия 22 мая 2017 Стадион Олимпийский стадион Сайт baku2017...

 

 

Ernest J. King

US Navy Fleet admiral (1878–1956) Admiral King redirects here. For other uses, see Admiral King (disambiguation). Ernest J. KingKing, March 1945Nickname(s)ErnieReyBorn(1878-11-23)23 November 1878Lorain, Ohio, U.S.Died25 June 1956(1956-06-25) (aged 77)Kittery, Maine, U.S.BuriedUnited States Naval Academy Cemetery in Annapolis, Maryland, U.S.Service/branchUnited States NavyYears of service1901–1956RankFleet AdmiralCommands heldChief of Naval OperationsUnited States FleetAtlantic F...

2013 Philadelphia Phillies season

Major League Baseball team season 2013 Philadelphia PhilliesLeagueNational LeagueDivisionEastBallparkCitizens Bank ParkCityPhiladelphiaRecord73–89 (.451)Divisional place4thOwnersBill GilesDavid MontgomeryGeneral managersRubén Amaro, Jr.ManagersCharlie Manuel (through August 16) Ryne Sandberg (interim: August 16 – September 29)TelevisionComcast SportsNet PhiladelphiaComcast Network Philadelphia PHL17 (MyNetworkTV)(Tom McCarthy, Chris Wheeler, Gary Matthews)RadioPhillies Radio Networ...

 

 

Simantonnayana

Le Simantonnayana (sanskrit : सीमन्तोन्नयन) est un rite de l'hindouisme, classé dans les samskaras, les cérémonies religieuses marquant les étapes de la vie[1]. Le Simantonnayana est le troisième rite prénatal qui se fait à partir du cinquième mois sur la femme enceinte. Il s'agit de lui coiffer les cheveux d'une certaine manière, trois fois, et de lui mettre autour du cou une guirlande de figuier en récitant certaines prières spécifiques. Cette céré...

 

 

2008 World Junior Championships in Athletics – Women's 3000 metres

2008 World JuniorChampionships in AthleticsTrack events100 mmenwomen200 mmenwomen400 mmenwomen800 mmenwomen1500 mmenwomen3000 mwomen5000 mmenwomen10,000 mmen100 m hurdleswomen110 m hurdlesmen400 m hurdlesmenwomen3000 msteeplechasemenwomen4 × 100 m relaymenwomen4 × 400 m relaymenwomen10,000 m walkmenwomenField eventsHigh jumpmenwomenPole vaultmenwomenLong jumpmenwomenTriple jumpmenwomenShot putmenwomenDiscus throwmenwomenHammer throwmenwomenJavelin throwmenwomenCombined eventsHeptathlonwome...

Wubbo Ockels

Dutch astronaut (1946–2014) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Wubbo Ockels – news · newspapers · books · scholar · JSTOR (August 2021) (Learn how and when to remove this message) Wubbo OckelsNASA portrait of Ockels in 1981.Born(1946-03-28)28 March 1946Almelo, NetherlandsDied18 May 2014(2014-0...

 

 

الدولة الطولونية

الدَّولةُ الطُّولُونِيَّة الإِمَارَةُ الطُّولُونِيَّة - دَوْلَةُ بَنِي طُولُون 868 – 905 خريطة تُظهر حُدود الدولة الطولونيَّة ضمن الحُدود السياسيَّة المُعاصرة للوطن العربي عاصمة القطائع نظام الحكم إمارة اللغة العربيَّة (اللغة الرسميَّة)التُركيَّة (لُغة الجيش) لُغا�...