Throughout the journey of writing this blog, there have been businesses that have stayed in operation for over a century. There were other concerns that, due to unfortunate circumstances, failed within a short period. This is a story of the latter, the Lowe Paper Machinery Corporation.
John C. Lowe was the corporation's principal. Fairfield Whiting was the Treasurer.
On March 5, 1950, the Lowe Paper Machinery Corporation began operating in the Holyoke Gas & Electric Building on Jackson Street near Main Street. The firm was an engineering and design company that developed improved mechanical equipment for the paper-making industry to produce higher-grade, higher-quality paper.
Once the design concepts were finalized, manufacturing was carried out by three Holyoke companies. These included the Holyoke Machine Company, J & W Jolly Inc., and the Walsh Holyoke Boiler Works. The final assembly was performed by Walsh Holyoke Boiler Works.
The company's main product was the vertical beater and washer, which beat, washed, bleached, and refined rag pulp more efficiently than the long-used horizontal beaters. Another machine extracted the wax from the paper, so the paper could be reused.
Cellulose Fibers Inc, located at 45 Jackson Street, placed an order for 4 of the vertical beaters and washers. The machines sold for $40,000 to $60,000 each and weighed from 20 to 40 tons.
Representatives of paper companies from as far as the midwestern United States and Canada visited the Lowe concern, interested in purchasing its products. Mr. Lowe envisioned sales in the millions of dollars annually, providing work for over 100 people in the three machine shops.
On January 4, 1951, John Lowe was named president of the new Holyoke Paper & Pulp Corporation, which operated out of North Wilbraham, Massachusetts. Two days prior, Roland A. Packard was named assistant to the president and consulting engineer of the Lowe Paper Machinery Corporation. He had previously been the executive vice president of the Holyoke Machine Company.
In March 1951, operations ceased at the Lowe Paper Machinery Corporation. Mr. Lowe attempted to obtain additional financing to keep the business viable, but indications were that these efforts were unsuccessful. The business had closed a little over one year after its opening.
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