1516

Campbell, Wyant & Cannon Foundry Co., 1920s Specimen Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:25.00 USD Estimated At:40.00 - 80.00 USD
Campbell, Wyant & Cannon Foundry Co., 1920s Specimen Stock Certificate
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-839-3336
Web: www.archivesinternational.com
Email: info@archivesinternational.com

TheTimed Internet Auction will take place on Wednesday, November 16, 2022 beginning at 11:00 AM EST.
MI. Campbell, Wyant & Cannon Foundry Co., 1920s Specimen Stock Cert., AB Green. In 1905, Donald Campbell, Ira Wyant and George Cannon formed a partnership by verbal agreement and each agreed to put $10 a month into a savings fund to provide working capital for business opportunities. The Campbell, Wyant, and Cannon Foundry Company were founded on April 20, 1908. In the beginning it was a "Three-man Show." They did the molding, coring and cleaning themselves and utilized their apprentice training and experience to produce sound casting after sound casting. The company's first big commercial break came in 1908 with the sourcing of the Allis-Chalmers four-cylinder engine block for Continental Motors. By 1947, CWC had grown to be one of the largest foundry companies in the United States, owning or managing over a dozen foundries across the Midwestern United States. On April 19, 1956, CWC was acquired by Textron Inc. CWC is a very large recycler. Recycled scrap steel makes up 50% of the raw materials used to manufacture its products. One of the biggest byproducts of CWC's operations, iron slag, is recycled and used in a variety of applications such as asphalt for road projects.