Buckeye Steel Castings Company 1929 - Company closes down October 2002

Buckeye Steel Castings Company 1929 - Company closes down October 2002

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Buckeye Steel Castings Company 1929 - Company closes down October 2002
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Beautifully engraved Certificate from the famous Buckeye Steel Castings Company issued in 1929. This historic document was printed by the Edwards and Franklin Printing Company and has an ornate border around it. This item is hand signed by the company's president , J.C. Whitridge and is over 71 years old. This certificate was issued after Samuel Prescott Bush retired as President of the Company. The Buckeye Steel Castings Company is a manufacturer of steel castings that was formed in 1880. The company manufactures a wide range of casting sizes and shapes - including products for railroad, mass transit, industrial applications such as steel mills, earthmoving and a variety of markets.
Samuel P. Bush ( Samuel Prescott Bush b. 1863. d. 1948) was the President of the Buckeye Steel Castings Co. in Columbus, Ohio, makers of railcar parts from 1907 - 1927. His entire career had been in the railroad business-- supplying equipment to the Wall Street-owned railroad systems. Samuel Prescott Bush, was a close adviser to President Hoover. Samuel is the Grandfather of President Bush, the Father of Prescott S. Bush (Prescott Bush, was a senator and the tallest man in the Senate for many years) and the Great Grandfather of George W. Bush. Samuel married Flora Sheldon, daughter of Robert Emmet Sheldon and Mary Elizabeth Butler, on 20 Jun 1894 in Columbus, OH. October 16, 2002 Buckeye Steel Castings shuts down About 700 workers were laid off Tuesday afternoon when Buckeye Steel Castings found itself caught in a credit crunch. Buckeye Steel shut down Tuesday after its creditors said they were pulling its credit facility, said Craig Holman, the company's director of strategic development. The company had until Saturday to find a new infusion of cash, but negotiations with potential investors fell through. The privately owned Buckeye Steel produces cast-iron undercarriages and couplings for trains and parts for heavy construction equipment. With no money to pay workers, Buckeye Steel shut down immediately, Holman said. The plant's second shift had already started work, so workers completed their union minimum hours and went home. "When this happened, we didn't have time to notify everyone at Buckeye Steel," Holman said.


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Item Details:

  • Reference #
  • bucsteelcasc
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  • 1
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  • Coins & Currency
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  • Antiques
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