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Jack investing billions making device for skiers (1,3)

Ross

I believe the answer is:

t bar

I'm a little stuck... Click here to teach me more about this clue!

'device for skiers' is the definition.
I can't judge whether this definition defines the answer.

'jack investing billions' is the wordplay.
'jack' becomes 'tar' (both are informal terms for sailor).
'investing' is an insertion indicator (inserted letters are taken in or invested).
'billions' becomes 'b' (abbreviation).
'tar' enclosing 'b' is 'T-BAR'.

'making' is the link.

Can you help me to learn more?

(Other definitions for t bar that I've seen before include "skiing guide?" , "beam" .)

I've seen this clue in The Times.
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