Dravo Corporation
Dravo Corporation was a shipbuilding company with shipyards in Pittsburgh, Pennsylvania and Wilmington, Delaware. It was founded by Frank and Ralph Dravo in Pittsburgh in 1891.[1] The corporation went public in 1936 and in 1998 was bought out by Carmeuse for $192 million ($358.9 million today).[2] On March 5, 1942 it became the first corporation to receive the Army-Navy "E" Award for outstanding war time production.[3] Dravo ranked 72nd among United States corporations in the value of World War II military production contracts.[4]
Facilities
- Neville Island shipyard, Pittsburgh - Started 1919, Constructed LST's during World War II employing 16,000, closed 1982.(40°30′36″N 80°07′01″W / 40.510°N 80.117°W)
- Wilmington Shipyard, Delaware, Employed 10,500 during World War II, constructing Destroyer escorts. Now closed. (39°43′48″N 75°33′40″W / 39.730°N 75.561°W)
See also
References
- ^ "Archived copy". Archived from the original on 2013-01-07. Retrieved 2012-01-07.
{{cite web}}
: Unknown parameter|deadurl=
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suggested) (help)CS1 maint: archived copy as title (link) - ^ Service, Dow Jones News (15 September 1998). "Carmeuse Lime Agrees To Buy Dravo For $192 Million". sddt.com. Retrieved 22 March 2018.
- ^ "Guide to the Records of Dravo Corporation, 1900-1995 (bulk 1943-1986) - Historic Pittsburgh". digital.library.pitt.edu. Retrieved 22 March 2018.
- ^ Peck, Merton J. & Scherer, Frederic M. The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619
External links
Categories:
- Defunct shipbuilding companies of the United States
- Defunct companies based in Pennsylvania
- Manufacturing companies based in Pittsburgh
- Manufacturing companies established in 1891
- 1891 establishments in Pennsylvania
- Manufacturing companies disestablished in 1998
- 1998 disestablishments in Pennsylvania
- World War II stubs
- United States manufacturing company stubs