William Cramp and Sons

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William Cramp & Sons Shipbuilding Company of Philadelphia was founded in 1825 by William Cramp, and was the preeminent U.S. iron shipbuilder in the 19th century. The American Ship & Commerce Corporation bought the yard in 1919 but closed it in 1927 as many fewer ships were ordered by the U.S. Navy after passage of the Naval Limitations Treaty in 1923. In 1940, the Navy spent $22 million to reopen the yard to build cruisers and submarines. Cramps closed in 1947, and the site, on the Delaware River, became an industrial park. Bordering the yard were smokestacks of the Philadelphia Electric Company on one side and a line of the Reading Railroad on the other.

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