Sharpsville
Steel Fabricators, Inc. After 114 years this company
continues as a vibrant, going concern renowned for the quality of its
products throughout the country and overseas. Through its pioneering
efforts, it has made major contributions to the growth of the American
oil, steel, automobile and chemical industries.
The
company was originally founded by two local families — Post and Hawthorne in 1860 and operated
under the name of Sharpsville Boiler Works. With the successful
drilling of oil by Colonel Drake
at Titusville, the Sharpsville Boiler Works soon became closely
identified with the construction of metal tanks and kindred fabrication
for use in that rapidly growing industry. It supplied Colonel Drake his first iron
tank.
The
Civil War and the expansion of the iron and steel industry enabled the
company to further diversify it products, producing boilers, blast
furnaces and casting houses for many of the iron makers of the Shenango
Valley, as well as a large number of the iron bridges in this
area.
Mr. Matthew Gemmill, who had
purchased Mr. Hawthorne’s
interest in the company, perfected a steel buggy for the hauling of
coke, ore and dolomite. Later Gemmill’s
son James, took over
the management of the firm. James was also one of the original
stockholders of the Iron Banking Co., now [1974] the Sharpsville branch
of the McDowell
National Bank. In 1907 he sold his interest in the business
to F.W. King,
treasurer of the Valley Mould and Iron Company.
In
1915 the company was reorganized by the new owners, Mr. Hugh J. Garvey, Mr. J. W. Considine and
Mr. King. At this time, Charles
D. Fagan was brought from Pittsburgh to operate the
business. In 1919 Fagan became the operating manager with Garvey and King the remaining active
partners. Mr. King
sold out his interest in the early twenties.
The
growth of the automobile industry necessitated the building of storage
tanks for refineries, bulk and service stations, and tanks for
transportation of petroleum products. It was in this area of tankage
and fabricated platework to meet every requirement that the company
became renowned. Among its development were the manufacture of the
first motor driven meter pumps now found in all gasoline
stations.
in
1938 the Sharpsville Boiler Works became known as Sharpsville Steel
Fabricators, Inc. In 1955 the Fagan family became major stockholders of
the company. About this time the company changed the emphasis of its
products from petroleum tanks to general plate fabrications, including
pressure vessels, storage tanks, etc., along with its continuing
construction of field tanks, truck tanks and mobile fire
apparatus.
Following
the death of C. D. Fagan,
Sr. in 1965 the management succeeded to three sons and two sons-in-law.
Charles, Jr. was
elected to the presidency and the other four filled important
managerial positions.
In
1966 the company purchased additional land from the Shenango Furnace
Company and began a major expansion program and also established a new
subsidiary named Sharpsville Steel Equipment Company which markets the
parent company’s truck tanks and serves as a distributor and installer
other truck bodies and equipment.
The
company employs approximately 100 people and is today a major
fabricator for the steel industry, much like its predecessors,
fabricating blast furnaces and basic oxygen components. It also does
carbon and stainless steel plate work and continues to be a major
factor in field erected tanks.
Plans
are to remain in Sharpsville where they have always found the community
to be cooperative and understanding.
Sharpsville Centennial
Commemorative Booklet, 1974, pages 29-30
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