Tuesday, October 28, 2014

Baldwin Locomotive Works stock certificate, 1950

Later that year on 4 December 1950, Baldwin merged with Lima Hamilton to become Baldwin-Lima-Hamilton in a move to diversify its operations. But Baldwin's success in selling diesels was poor; the company ceased making locomotives in 1956 and closed most of its Eddystone plant. From then to its cessation in 1972, Baldwin made heavy construction equipment.

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