A deal was closed last week between the Carteret Lumber Company and the Major-Loomis Company of Hertford, N.C., whereby the latter acquired the saw mill equipment of the former company. This trade does not include the buildings nor the boilers. The Major-Loomis Company sustained a fire about 10 days ago and are now rebuilding their plant. A force of men went to work Saturday taking down the machinery which the company has bought and getting it ready to ship to Hertford. Mr. R.M. Fowler of Hertford is here superintending the work and expects to finish it in two or three weeks.
While the Carteret Lumber Company is not doing any sawing now, it is still in the lumber business and is operating a planing mill. Besides the lumber business, the company is manufacturing potato barrels and expects to develop a very considerable business in this line. The manufacture of fish boxes may also be taken up at some time in the future. The company owns five large dry kilns which could be easily converted into manufacturing plants. It is possible that one of them may be used for a canning factory and another one for a sweet potato storage house. It is hoped to find some use for the other buildings, and it may be that in the next 12 months a considerable manufacturing center may be in operation in this vicinity.
The company owns a large tract of land and fine waterfront, and the property is well suited for a manufacturing district. It may be that a good-sized industrial town will develop there in the next few years.
From the front page of The Beaufort News, Thursday, April 30, 1925
newspapers.digitalnc.org/lccn/sn91068210/1925-04-30/ed-1/seq-1/
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