 Holyoke Machine Company.The Holyoke Machine Company is a representative institution of this enterprising city. It was organized in 1863, chiefly through the instrumentality of Stewart Chase, who was treasurer, with a capital of $40,000. This was increased in 1871 to $80,000, and in 1872 to $180,000, in present capital. The value of the first annual product of its business was $60,000, and fifty men were employed. The present annual product is $500,000, and, running at full capacity, three hundred men are employed. The machine-room proper is three hundred and eighty by fifty, and the foundry one hundred and forty by sixty feet. In addition are blacksmith-shops, store-houses, etc. This establishment makes a specialty of water wheels and machinery for paper-mills, and in this manufacture has won a world-wide reputation. Finishing=machines have been shipped to Scotland, France, and Germany. The establishment was furnished in 1878 and 1879 with an entirely new outfit of the latest improved machinery, and it is now one of the most complete machine shops in the State. The present officers of the company are as follows: C.H. Heywood, President; S. Holman, Treasurer, S.P. Stebbins, Agent.
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