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Albert P. Gagnebin, Obituary |
Albert P. Gagnebin,
Former Chairman of the International Nickel Co. of
Canada, Ltd.
Albert P. Gagnebin died
on February 14, 1999 in Jupiter, Florida at the age of
90. Born in Torrington, Connecticut, he was a graduate of
Yale University where he received a degree in mechanical
engineering in 1930 and a Masters degree in
Metallurgy in 1932. He spent his entire career with INCO,
starting as a research metallurgist in 1932. He became
President 1967 and retired as Chairman of the Board in
1974, but continued as a Director until 1980.
After leaving Yale, he worked in
the Bayonne, N.J. laboratory for seventeen years. During
the course of this work, he directed all the research on
ferrous castings which led to a number of patented
inventions, the most notable being Ductile Iron,
acclaimed as one of the major metallurgical inventions of
the twentieth century, and now manufactured in millions
of tons worldwide. The invention was based on the
introduction of a small quantity of magnesium into cast
iron, which transforms it from a weak, brittle material
into a strong, tough material with properties resembling
those of steel. In 1949, when the patent was issued, he
was put in charge of its commercial development. Several
hundred foundries were licensed for its manufacture.
Ductile Iron became the second largest casting material
with an endless variety of applications, including
automotive crankshafts and centrifugally cast pipe.
In 1956, he became Manager of
nickel sales and subsequently, as Vice President and
Executive Vice President, he was responsible for the
research, development, sales and marketing of all the
companys metals and products. With a completely
restructured marketing system, in combination with a
favorable industrial climate, sales expanded steadily,
nickel production increased sharply with the opening of
new mines in Manitoba, and the company entered one of the
most prosperous eras in its history.
After extensive study of the
complexities involved, he pioneered International
Nickels entry into post-war Japan and established a
position that has developed into one of the
companys major markets. In a parallel objective, he
established an INCO joint venture in Indonesia with
Japanese and Indonesian participation for a nickel
operation which has become a major supplier of nickel to
Japan. He also negotiated an agreement with the French
government that resulted in the acquisition of extensive
nickel deposits in New Caledonia.
In recognition of the invention
of Ductile Iron, he was awarded gold medals by the
American Foundrymens Society and the American
Institute of Mining & Metallurgical Engineers, as
well as the Grande Medaille dHonneur and the Ordre
National du Merite (Officier) by France. He was a member
of the National Academy of Engineers and received a
citation from the American Society of Mechanical
Engineers.
He was also a Director of Abex
Corp., Atlantic Mutual Insurance Co., Bank of New York,
Ingersoll Rand Co., Illinois Central Industries, Schering
Plough Co., the Toronto Dominion Bank, a member of the
North American Advisory Board of Swissair and a Board
Member of the Institute of International Education. He
was a founder of the National Mining Hall of Fame and a
past President of the international Copper Research
Association.
He was a member of the Yale Club
and the University Club of New York, the Rumson Country
Club, the Seabright Beach Club in New Jersey and the
Tequesta Country Club in Tequesta, Florida.
He is survived by his wife,
Genevieve Hope, whom he married in 1935, two daughters,
Mrs. John D. Coffin and Mrs. David O. Wicks, Jr., both of
New York City and four grandchildren.
A memorial service was held on
February 20, 1999 at St. Georges-by-the-River,
Rumson, New Jersey.
Contributions may be made to the
Albert P. Gagnebin Fellowship Fund, Yale Development
Office, c/o John M. Sargent, P.O. Box 2038, New Haven, CT
06521-2038.
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