Oliver Iron and Steel Corporation
From Wikipedia, the free encyclopedia
The Oliver Iron and Steel Corporation was a manufacturer of iron and steel hardware including nuts, bolts, screws, and horseshoes in Pittsburgh, Pennsylvania, USA.
The company was originally Oliver Brothers and Phillips after the Oliver Brothers concern merged with the Phillips Iron Works, 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.
Around 1951, the Berry Motors Company of Corinth, Mississippi was acquired and made the Berry Division of Oliver Iron and Steel.[1]
In late September 1954 the company suffered a work stoppage.
During 1955 longtime president Theodore F. Smith moved on to the Kaiser Engineers division of the Henry J. Kaiser Company.
The Berry Division was subject to an anti-trust lawsuit filed on June 11, 1956[2] regarding sales of hydraulic elevator motors.[3] At about the same time, the fastener business was sold to Pittsburgh Screw and Bolt Company[4], and the pole line hardware business was merged into the Oliver Electric Company of Battle Creek, Michigan.[5] 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 was started outside Mount Pleasant, Westmoreland County in 1957[6] the former Oliver Iron and Steel facilities in the Pittsburgh South Side were soon empty and Pittsburgh City Planning Department aerial photos from 1962 show the land cleared to dirt.