ESCO Corporation
ESCO Corporation is an American company based in Portland , Oregon , a manufacturer of tools and aggregates for the mining and construction sectors. ESCO manufactures excavators , bulldozers, cable shovels, tow lines, graders , feed pumps, lip systems for excavator shovels, crushers, excavator shovels, equipment for forestry and the like. a. here.
ESCO has been part of the British Weir Group since 2018 .
history
CF Swigert founded the Electric Steel Foundry Company on July 13, 1913. The imported electric furnace - the first of its kind in the western United States - was to be the heart of the small contract foundry. Locomotive parts were made in the 1920s. The company expanded production to include products made from cast steel alloys. Hadfield's manganese steel was made, an alloy ideal for high impact applications such as crushing, mining, and construction. It was 1926 when the "ESCO" brand was first used. The following year ESCO manufactured the first dragline, followed by earthmoving product lines. During the Second World War, ESCO's production was switched to armaments. Valves and anchor chains were made for naval ships, castings for tanks and airplanes. Centrifugal and shell foundries as well as more modern metallurgical laboratory facilities were set up at the Portland location. In the 1950s the company manufactured components for the nuclear industry. The first two Canadian plants were built near Vancouver , British Columbia , in 1957 . In the 1970s, ESCO opened highly automated foundries in Newton , Mississippi and Port Hope , Ontario . In 1973 it was the first steel foundry in the world to use the Argon Oxygen Decarburization process. In the 1980s, a continued slump in domestic mining and logging, the trade barrier of a strong dollar, and the expiry of several key patents, all of which occurred around the same time, posed problems for the company. As part of the consolidation that followed, almost a third of the workforce was laid off. In the 1990s, ESCO expanded operations in the United States, the United Kingdom and Canada . ESCO acquired Impulse Hydraulics in San Diego , the Shovel Dipper line of AMSCO, and opened the foundry in Guisborough in the UK. In the following decade, the company acquired Pacal Blades . The oil sands market could be served with acquisitions such as the Quality Steel Foundry . ESCO also expanded aerospace capacities in Belgium and Slovakia and built facilities in Mexico and China .
Individual evidence
- ↑ ESCOHistory. www.escocorp.com, accessed February 6, 2020 .