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On September 5, 1950, Douglas Seaman purchased Western Welding & Manufacturing, a small machine shop in Milwaukee that was founded in 1943. Western mainly handled small, one-off welding jobs for large manufacturers. A friend suggested to Seaman that he should start manufacturing snowplows as a way to diversify his business, which he did.
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For a time in the 1980s the company was known as Becor Western following its merger with Western Gear. [citation needed] On February 18, 1994, Bucyrus-Erie filed for Chapter 11 bankruptcy, and remained under bankruptcy protection until December 14, 1994. [11] The company adopted the name Bucyrus International, Inc. in 1997. [citation needed]
Milwaukee Electric Tool Corporation, known more commonly as Milwaukee Tool, is a multi-national company that develops, manufactures, and markets power tools, hand tools, tool accessories, tool storage, and personal protective equipment. [1]
The company was finally incorporated in 1881. Wisconsin Leather's tannery at Two Rivers closed in 1887, due to the dwindling supply of tanbark there, and in the same year the company failed financially. By 1888 the company had relocated its offices and production had shrunk to $250,000, with 100 employees.
In 1964 the company changed its name to Rex Chainbelt, Inc. Nordberg Manufacturing Company was acquired in 1970, and in 1973 the company name changed to Rexnord. [ 10 ] In October 2016, Rexnord announced plans to move its bearings manufacturing plant, with its 300 union jobs and 75-80 supervisory jobs, from Indianapolis , Indiana , to Monterrey ...