Category: Technology

LIGGETT-STASHOWER, INC., was formed from the merger of two of Cleveland's leading advertising agencies. Carr Liggett, formerly a vice-president of the Krichbaum-Liggett agency, established his own firm, Carr Liggett, Inc., in 1933 with offices in the Leader Bldg., 524 Superior. By 1937 Carr Liggett had moved to the NBC Bldg., 815 Superior.

The LINCOLN ELECTRIC COMPANY has an international reputation as a pioneer in arc welding and for its innovative employee profit-sharing program.  It was founded by engineer John C. Lincoln in 1895 to manufacture an industrial motor of his own design.   Before opening his own shop, Lincoln worked with prominent figures in the growing field of electricity and electric manufacturing in Cleveland.

The LINDSAY WIRE WEAVING CO. became one of the country's leading manufacturers of papermill wire cloth. It was established when Hamilton L. Lindsay, a mechanic at the W. S. Tyler Co., invented an automatic power loom for weaving metal. Realizing the potential for his machine to revolutionize the papermaking process, Lindsay quickly secured a patent.

LINDSETH, ELMER L. (12 Feb. 1902 - 26 Jan. 1999), chairman of the CLEVELAND ELECTRIC ILLUMINATING COMPANY, directed advertising campaigns that promoted his company and boosted the image of the city. Lindesth was born in Chicago to Swedish born parents, Lena (Anderson) and Andrew Lindseth.

The LION KNITTING MILLS produced high quality knit goods for 78 years. Founded in 1912 by Louis and Harold Ensten at 1011 Power Ave., the knitting mill produced a variety of knit goods for the military and the private-label market. Lion's first product, the varsity or award-letter sweater, was knitted on hand-operated machines.

The LORAIN ST. BANK was formed at Lorain and Fulton in 1890 as the Lorain St. Savings and Trust with $100,000 capital. Over the years, the capital of the Lorain Bank was increased to $500,000 and its assets grew to $10 million; in 1929 the bank had over 20,000 depositors. As the economic pressures of the Depression mounted, the Lorain St. Bank and Trust worked with other local banks to limit foreclosures.

LTV CORP. See MITTAL STEEL USA.

LTV STEEL. See MITTAL STEEL USA.

LUBRIZOL CORP., a diversified chemical company ranked 344th among the Fortune 500 companies in 1985, was founded on 28 July 1928 as the Graphite Oil Prods. Corp. by Francis A. "Alex" Nason, Thos. W. James, and three brothers: KENT H. SMITH, Vincent K. Smith, and ALBERT K. SMITH.

M. A. HANNA CO., see POLYONE CORP.

MACHINE TOOL INDUSTRY. FRANK A. SCOTT, a Clevelander at the forefront of the machine tool industry during the early 1900s, once remarked that no metal could be available for modern uses until a machine tool has been applied to shape it.

MALLEY'S CANDIES, INC. is a family of nationally known chocolatiers who, in 2004, owned and operated chocolate and ice cream businesses which manufactured and sold their products in 15 stores throughout Greater Cleveland. After borrowing $500 in 1935, Albert (Mike) Malley opened a small store at 13401 Madison Ave.

MARCONI MEDICAL SYSTEMS, a division of Philips Medical Systems, was created in 1999 out of Picker International, Inc., then a leading manufacturer of medical diagnostic systems. Picker International began in New York City when druggist James Picker first supplied Kodak x-ray plates and accessories to local hospitals in 1909. Picker organized the James Picker Co.

MARCONI MEDICAL SYSTEMS, a division of Philips Medical Systems, was created in 1999 out of Picker International, Inc., then a leading manufacturer of medical diagnostic systems. Picker International began in New York City when druggist James Picker first supplied Kodak x-ray plates and accessories to local hospitals in 1909. Picker organized the James Picker Co.

MARKETS AND MARKET HOUSES. The public market is an institution in Cleveland, as it is in almost every large city in Europe and many in the U.S. It was conceived as a place where farmer and consumer could meet for the sale and purchase of farm products without the intervention of middlemen.

MARTIN AIRCRAFT CO. See GLENN L. MARTIN AIRCRAFT CO.

MASTER BUILDERS, a supplier of cement additives to the construction industry and a leader in cement technology, was founded in 1909 by Sylvester W. Flesheim, with a factory at 6511 Morgan Ave. The company smelted lead from old batteries to make a metallic floor hardener for improving wear resistance of cement floors.

THE MASTER PRODUCTS CO. is a long-lived Cleveland-based manufacturer of washers, bushings, and other stamped metal products. The company was founded in 1919 in a 4,400 square foot facility at 6400 Park Avenue in the BROADWAY-SLAVIC VILLAGE neighborhood, where it is still located, although its facilities have expanded to 66,000 square feet.

MATHER, SAMUEL (13 July 1851-18 Oct. 1931), industrialist and philanthropist, son of Samuel and Georgiana Woolson Mather, was born and educated in Cleveland. He planned attending Harvard, then working at his father's business, Cleveland Iron Co., but had an mining accident requiring lengthy recuperation. In 1882, Mather affiliated with JAMES S. PICKANDS and Jay C.

MCDONALD & CO. SECURITIES, a large Cleveland-based investment banking and brokerage house, was formed in 1927 when Chas. B. McDonald and James Callahan borrowed $50,000 to buy the Geo. W. York Co. The McDonald & Callahan partnership went through several name changes before becoming McDonald & Co. in 1944.