Welland History .ca

Historic EVENTS in and around Welland

WILL NOT SELL BUFFALO PLANT

Canada Foundries & Forgings Co’ Turns Down Offer-Directors of Maple Milling Company

[Welland Telegraph. 7 August 1918]

It is understood says the Monetary Times, that offers have been received by Canada Foundry & Forgings, Limited, for the Delaney Iron & Forgings plant at Buffalo, which was purchased within the past year by the company. The price paid was $750,000 and it is said that one offer to the amount of $1,500,000 was received for the plant. This would represent a substantial profit, but latest reports state that the company has decided to retain the plant.

Maple Leaf Milling Co.

The annual meeting of the company was held on July 29th at the company’s head office in Toronto. The old board of directors was re-elected consisting of Sir D. Cameron, president; Mr. Hedley Shaw, vice-president and Charles W. Bank, John I.A. Hunt, Robert Cooper, J.S. Barker, W. Steed.

Add A Comment

You must be logged in to post a comment.