General Signal Corporation

2 products

    General Signal was founded in 1904 in New York as the General Railway Signal Company and primarily operated as a railway supplier. The company diversified its product base, most notably in the 1960s, and grew steadily into the 1980s when, after a foray into the world of high-tech semiconductor manufacturing, it ran into overwhelming competition and ended up going back to its more traditionally profitable markets.

    One of General Signal's biggest transit deals was a contract to supply transit controls for the Washington, DC Metro System in the late 1970s - a $42 million deal. They also won contracts for mass transit controls in other cities and other municipal traffic systems as well. By 1980 General Signal was one of the fastest growing conglomerates, with assets of more than $260 billion and sales of $1.5 billion. The firm went into the utilities industry, acquiring Leeds & Northrup, a leader in utility controls. The acquisition reaped large benefits for General Signal, with an increased demand for electricity and the conversion from oil to coal requiring a new set of controls.

    In 1995, the company was acquired by SPX Corporation.
    2 products
    General Signal Corporation Specimen Stock Certificate
    General Signal Corporation Specimen Stock Certificate
    Olive (Less than 100 Shares) Green (100 Shares) Olive (More than 100 Shares)
    General Signal Corporation
    $29.00
    New York Air Brake Company Specimen Stock Certificate
    New York Air Brake Company Specimen Stock Certificate
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    New York Air Brake Company
    $25.00
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