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General Laundry Machine
{{short description, Laundry Machine Firm General Laundry Machine was a Troy, New York firm which became a casualty of the financial collapse during the Great Depression. It failed as a result of the impact of the nationwide economic decline in the United States, in the 1930s. Company history The company was formed in June 1927 from a merger of the Tolhurst Machine Works and the Wiley-Ellis Company. Tolhurst corporation was started in 1852 and was based in Troy and Green Island, New York. Wiley-Ellis was founded in 1889 and maintained properties in Chicago, Illinois and Columbia, Pennsylvania. General Laundry Machine acquired the primary assets of the Paramount Laundry Machine Company of New York City in December 1929. The takeover was made possible by an exchange of stock. It brought about satisfactory ''economies of operations'' through the combination of the sales forces of the two companies.''Gen. Laundry Machine'', Wall Street Journal, December 20, 1929, pg. 6. In May 1931 ...
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Troy, New York
Troy is a city in the U.S. state of New York and the county seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany and Schenectady, forming a region popularly called the Capital District. The city is one of the three major centers for the Albany metropolitan statistical area, which has a population of 1,170,483. At the 2020 census, the population of Troy was 51,401. Troy's motto is ''Ilium fuit, Troja est'', which means "Ilium was, Troy is". Today, Troy is home to Rensselaer Polytechnic Institute, the oldest private engineering and technical university in the US, founded in 1824. It is also home to Emma Willard School, an all-girls high school started by Emma Willard, a women's education activist, who sought to create a school for girls equal to their male counterparts. Due to the confluence of major waterways and a geography that supported water power ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Green Island, New York
Green Island is a coterminous town-village in Albany County, New York, United States, some north of Albany. Green Island is one of only five such town-village amalgamations in New York. The population was 2,620 at the 2010 census, and the ZIP code is 12183. While the town of Green Island was once an island, it was connected to the mainland on the west side of the Hudson River in the 1960s. Green Island is also the smallest town, by area, in New York, covering ; by contrast, the largest towns in the state by area are Brookhaven, which covers an area of (though much of that is water), and Webb, which has the largest land area at . History Today's town and village of Green Island is connected to the mainland on the west side of the Hudson River. However, it was once called Tibbett's Island and is situated on land that was, in the past, an island. The First (or South) Branch of the Mohawk River delta once ran between the island and Watervliet, separating the island from main ...
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Chicago, Illinois
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Columbia, Pennsylvania
Columbia, formerly Wright's Ferry, is a borough (town) in Lancaster County, Pennsylvania, United States. As of the 2020 census, it had a population of 10,222. It is southeast of Harrisburg, on the east (left) bank of the Susquehanna River, across from Wrightsville and York County and just south of U.S. Route 30. The settlement was founded in 1726 by Colonial English Quakers from Chester County, led by entrepreneur and evangelist John Wright. Establishment of the eponymous Wright's Ferry, the first commercial Susquehanna crossing in the region, inflamed territorial conflict with neighboring Maryland but brought growth and prosperity to the small town, which was just a few votes shy of becoming the new United States' capital. Though besieged for a short while by Civil War destruction, Columbia remained a lively center of transport and industry throughout the 19th century, once serving as a terminus of the Pennsylvania Canal. Later, however, the Great Depression and 20th-centu ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Troy Laundry
The Troy Laundry Machinery Co., Ltd. was a Troy, New York, laundry machinery manufacturing company which incorporated on January 1, 1881. The company made hydraulic washers, wringers (mangles), starching machines, dampners, calenders, and shirt, collar, and cuff ironers. The company operated branches in New York, Chicago, London, and Berlin.{{citation, first=Arthur James, last=Weise, title=The City of Troy and Its Vicinity, year=1886, url=https://www.google.com/books/edition/The_City_of_Troy_and_Its_Vicinity/J1wVAAAAYAAJ?hl=en&gbpv=1&dq=%22troy+laundry+machinery%22&pg=PA347&printsec=frontcover, page=347 See also * General Laundry Machine {{short description, Laundry Machine Firm General Laundry Machine was a Troy, New York firm which became a casualty of the financial collapse during the Great Depression. It failed as a result of the impact of the nationwide economic decline in th ... * Troy Laundry Building (other) References Manufacturing companies establis ...
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Defunct Manufacturing Companies Based In New York (state)
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Manufacturing Companies Established In 1927
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Manufacturing Companies Disestablished In 1931
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ...
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