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Groton Iron Works
Cargo ship builder during WW1 From Wikipedia, the free encyclopedia
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Groton Iron Works was a company formed in 1917 to build cargo ships for the United States Shipping Board during World War I. The company owned two shipyards: one in Noank, Connecticut for wooden ships; and the other in Groton, Connecticut for steel ships.[1] The focus of this article is the Groton, Connecticut yard.



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Early property ownership
In 1916, Harry C. Rowe sold his 30-acre estate at Eastern Point to Charles W. Morse.[2] Charles W. Morse was president of United States Steamship Company,[3] which was the parent company of Groton Iron Works and Virginia Shipbuilding Corporation.[4] 4,993 shares of the 5,000 total shares of Groton Iron Works stock was owned by United States Steamship Company.[5] Qualifying shares were owned by the following: four shares by C.W. Morse and his three sons; one by Mr. Guggenheim; one by Mr. Loft; one unknown.[6] $3,500,000 was spent to construct Groton Iron Works, which employed 3,600 men.[7]
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Groton Iron Works officers
E.A. Morse, President [8]
H.F. Morse, Vice President [9]
B.W. Morse, Secretary [10]
Steel cargo ship contracts
Emergency Fleet Corporation contract #57 S.C. for six 8,800 dead-weight ton steamers was signed 11 August 1917.[11]
Emergency Fleet Corporation contract #225 S.C. for six 9,400 dead-weight ton steamers was signed 20 April 1918. Three were eventually canceled due to the end of the war.[11]
Cargo ships built in Groton
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Subsequent property uses
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On 23 July 1922, the New York, New Haven and Hartford Railroad leased the property for use as a locomotive repair facility.[16]
On 30 January 1926, Hickman Sea Sled announced the lease of the jointer shop building.[17]
On 25 January 1927, Atlantic Coast Fisheries purchased the northern section of the property from Boston Iron and Metal Company,[18] to fillet, freeze and package haddock. In 1929 they purchased the remaining property, then sold some to Shell Oil Company for the construction of a distributing center with seven tanks.[19]
In January, 1941, a syndicate headed by Alfred Holter purchased most of the property, intending to build freighters for Britain.[20] Purchase price was $550,000 cash.[21]
On 5 February 1942, the US Navy purchased the property from Alfred Holter and Shell Oil Company for $222,000 using condemnation proceedings.[22] $9.5 million was spent to construct the Victory Yard, where the Electric Boat Company began building submarines on 22 July 1942.[23] On 3 November 1943 a Federal Court Committee awarded an additional $203,000 to the former owners.[24]
On 13 January 1945, Electric Boat announced that $3,000,000 will be spent to convert the Victory Yard to manufacture 105mm shells.[25]
On 18 December 1946, Pfizer Inc purchased the property from the War Assets Administration.[26] Purchase price was $911,999.[27]
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References
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