Oliver Iron and Steel Corporation explained

Oliver Iron and Steel Corporation
Industry:Manufacturer of iron and steel hardware
Predecessor:Oliver Brothers merged with the Phillips Iron Works to form Oliver Brothers and Phillips
Founded:Renamed Oliver Iron and Steel Corporation in 1922
Founders:-->
Hq Location City:Pittsburgh, Pennsylvania
Hq Location Country:United States
Areas Served:-->
Owners:-->

The Oliver Iron and Steel Corporation was a manufacturer of iron and steel hardware including nuts, bolts, screws, and horseshoes in Pittsburgh, Pennsylvania.

History

The company was originally Oliver Brothers and Phillips after the Oliver Brothers concern merged with the Phillips Iron Works,[1] later Oliver Iron and Steel Company before becoming Oliver Iron and Steel Corporation in 1922. In its early times Henry W. Oliver was president of the company. The company controlled the Allegheny and South Side Railway by stock ownership.

Until 1897, the Lower Works at Woods Run in the city of Allegheny (now Pittsburgh's North Side) included rolling mills. In that year, the Schoen Pressed Steel Company bought the Lower Works. The Upper Works, in the South Side, made hardware from iron and steel.

In 1923, the Pittsburgh city council approved city ordinance no. 205, granting the company, "its successors and assigns, the right to construct, maintain and use an overhead skip hoist across south Twelfth street with an approximate clearance of 14' for the purpose of conveying iron and steel products from the building of said corporation situated on the east side of South Twelfth street to another building situated on the west side of South Twelfth street, Seventeenth ward, Pittsburgh, Pa."[2]

Around 1951, the Berry Motors Company of Corinth, Mississippi was acquired and made the Berry Division of Oliver Iron and Steel.[3]

In late September 1954 the company suffered a work stoppage. Contemporary newspaper accounts mentioned threats of plant closure at the time unless the strike ended.

During 1955 longtime president Theodore F. Smith moved on to the Kaiser Engineers division of the Henry J. Kaiser Company, and Paul H. Starzman was elected the new president.

The Berry Division was subject to an antitrust lawsuit filed on June 11, 1956[4] [5] At about the same time, the fastener business was sold to Pittsburgh Screw and Bolt Company,[6] and the pole line hardware business was merged into the Oliver Electric Company of Battle Creek, Michigan.[7] The company had lost money each of the previous 4 years.

Oliver Iron and Steel merged into the Oliver Tyrone Corporation effective December 31, 1956.

As a new plant for Pittsburgh Screw and Bolt Company was started outside Mount Pleasant, Westmoreland County in 1957[8] the former Oliver Iron and Steel facilities in the Pittsburgh South Side were soon empty. The facilities and land, as well as the Allegheny and South Side Railway, were sold to Carson Industrial Development Corporation, who planned an industrial and warehousing park on the land. Pittsburgh City Planning Department aerial photos from 1962 show the land cleared to dirt.

Notes and References

  1. http://digital.library.pitt.edu/cgi-bin/f/findaid/findaid-idx?c=ascead&cc=ascead&rgn=main&view=text&didno=US-PPiU-ais196406 Oliver Iron and Steel Company, Pittsburgh, Pa. Records Finding Aid
  2. "No. 205," in "Official—Pittsburgh." Pittsburgh, Pennsylvania: The Pittsburgh Post, May 16, 1923, p. 21 (subscription required).
  3. Post Scripts of Industry: News, Views, Trends . Applied Hydraulics. September 1951. 4 . 9 . 87–89 [89]. Industrial Publishing Corporation. 0096-3933. 2022-08-19.
  4. Book: Antitrust consent decrees: voluntary antitrust compliance: analysis and history of Justice Department consent decrees. Lindstrom, T.S.. Tighe, K.P.. 1974. 2. Lawyers Co-operative Pub. Co.. 2017-02-03.
  5. Book: The Federal Antitrust Laws: With Summary of Cases Instituted by the United States, 1890-1951 . United States, Commerce Clearing House . 1952 . (regarding sales of hydraulic elevator motors)
  6. News: ROPE PRODUCERS ACT TO DIVERSIFY; Plymouth Cordage Takes Over 2 Findings Plants of United Shoe Machinery OTHER SALES, MERGERS Moffat Coal Co. Pittsburgh Screw & Bolt COMPANIES PLAN SALES, MERGERS Stauffer Chemical . The New York Times . June 16, 1956.
  7. Electric Light & Power. Bennett, E.C.. Electric Light & Power. 1957. 35. PennWell Publishing Company. 0013-4120. 2017-02-03.
  8. News: NEW PLANT FINANCED; Pittsburgh Screw Bolt Plans $6,000,000 Construction . The New York Times . July 14, 1957.