Canadian Locomotive Company - CLC Is Formed and Finds Modest Success

CLC Is Formed and Finds Modest Success

In January 1900, following the decision of both the CPR and the GTR to build their own locomotives, the CL&EC once again became insolvent, and the plant was closed. It was bought by new investors and incorporated in February 1901 as the Canadian Locomotive Company Ltd. Improvements followed which allowed production of one locomotive per week. Reorganization once again took place under new management in June 1911 although the name remained the same.

CLC contributed to the war effort in two world wars by manufacturing armaments and munitions, as did the competing shops of the Montreal Locomotive Works, the CPR, and others. Large numbers of locomotives were also built for the war effort and for reconstruction afterwards.

By the end of World War II steam technology was at its peak, but production was declining except for exports to France, Belgium and India. CLC felt its future lay with diesel locomotives, but lacking expertise it sought out opportunities with existing builders in the United States.

Read more about this topic:  Canadian Locomotive Company

Famous quotes containing the words formed, finds, modest and/or success:

    Sighing that Nature formed but one such man,
    And broke the die.
    George Gordon Noel Byron (1788–1824)

    There is nothing more natural than to consider everything as starting from oneself, chosen as the center of the world; one finds oneself thus capable of condemning the world without even wanting to hear its deceitful chatter.
    Guy Debord (b. 1931)

    But grant, the virtues of a temp’rate prime
    Bless with an age exempt from scorn or crime;
    An age that melts with unperceived decay,
    And glides in modest Innocence away;
    Samuel Johnson (1709–1784)

    He saw, he wish’d, and to the prize aspir’d.
    Resolv’d to win, he meditates the way,
    By force to ravish, or by fraud betray;
    For when success a lover’s toil attends,
    Few ask, if fraud or force attain’d his ends.
    Alexander Pope (1688–1744)