Worcester Business Journal

Worcester 300-City of Innovators-May 31, 2022

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W o r c e s t e r 3 0 0 : C i t y o f I n n o v a t o r s 21 1822-1921 the company's overall business, which consisted of special rolling mill equipment, producer gas machines, and wire-drawing machinery. Morgan Construction became the world leader in rolling mill technology and would persevere for five generations. But its relatively small size in relation to competition made it difficult to compete in a capital-intensive industry without going public. Fih-generation management reportedly considered this avenue to be cumbersome due to the advent of stringent Sarbanes-Oxley reporting requirements for public companies. It was sold to Siemens AG in 2008. — Christina P. O'Neill Image | WBJ File Photo Morgan Construction became the world leader in rolling mill technology and would persevere for five generations before its 2008 sale to Siemens AG. is 1921 photo shows a connecting table for a mill at Morgan Construction.

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