History
The company was founded in 1857, in Saint Petersburg, Russia as a boiler works and small foundry. The industry is still located on the original site, on the right bank of the Neva River, in St. Petersburg. Steam turbines have been produced here since 1907 when the company was licensed to build French Rateau turbines. At the same time it began to build gun turrets, gun mountings and torpedo tubes. In 1912 the company received a contract for a number of Novik-class destroyers originally designed by AG Vulcan Stettin. It contracted at the same time with Vulcan to build a shipyard as well as for licenses for Curtis_AEG-Vulcan turbines and Vulcan-Yarrow boilers. In 1914 the company was renamed Petrograd Metal Works (Petrogradskiy Metallicheskiy Zavod) when Saint Petersburg was renamed as Petrograd. At the beginning of World War I the company had 4 building slips and employed 5,500 workers.
Water turbines for various Hydropower Stations, have been produced since 1924. Since 1957, the LMZ has also produced gas turbines. Since 2000, LMZ is a division of the Power Machines company, based in Russia.
Read more about this topic: Leningradsky Metallichesky Zavod
Famous quotes containing the word history:
“What we call National-Socialism is the poisonous perversion of ideas which have a long history in German intellectual life.”
—Thomas Mann (1875–1955)
“Considered in its entirety, psychoanalysis won’t do. It’s an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (1915–1987)
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)