Industry Engineering Headquarters Galt, Ontario, Canada | Defunct 1923 Founded 1859 | |
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Number of locations 1 (The Goldie & McCulloch foundry) Products Stationary steam engines, Woodworking machinery, Industrial Safes, French Burr millstones, Tannery Machines Founders John Goldie, Hugh McCulloch | ||
Goldie & McColluch was a Canadian steam engine manufacturer based in Galt, Ontario. The company also manufactured woodworking machinery, industrial safes, French Burr millstones, Boilers, Turbine Water Wheels, Bark Mills and a variety of Tannery machines. They primarily supplied the Canadian market however the company had a strong export business in Mexico and South America.
History
The company was founded in Galt as the Dumfries Foundry, in 1844, by James Andrews and James Crombie. In 1850 Andrews was experiencing financial troubles and Crombie took over the business, renaming it to Crombie & Co.
During the Crimean War in 1854 Crombie's business thrived as Great Britain focused its efforts on manufacturing war materials which meant that Canada had to rely more on domestic production. This created an economic boom in Galt and led to a great increase of employees.
In 1859 Crombie sold the company to two of his employees John Goldie and Hugh McCulloch for $50,000 and it was subsequently renamed Goldie & McCulloch. Crombie expected the pairs business venture to fail and intended to buy the company back from them for a fraction of the price they paid. The two had great success however and over the next sixty years Goldie & McCulloch grew into a major manufacturing company with a broad line of products. The company incorporated in 1891 and by 1902 employed around 450 people, a substantial amount more than the 22 workers it had when it was bought from Crombie. In 1910 the company sold their woodworking division to MacGregor, Gourlay Co. which used it, as well as several other companies, to form Canada Machinery Corp., Ltd.
In 1923 the company was acquired by Babcock, Wilcox & Co. and continued to manufacture steam engines in Galt under the Babcock & Wilcox name until 1987.