Jack & Heintz, Inc.
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You will receive the exact certificate pictured
Over 75 years old
Class A stock
December 20, 1944
Issued, canceled
Not indicated
Hand signed
11 1/4" (w) by 7 3/4" (h)
NA
Historical Context
Bill Jack and Ralph Heintz formed Jack & Heintz in 1940 in Palo Alto, California. They soon moved their company to the Cleveland area, building a small plant at 17600 Broadway Avenue in Maple Heights. The company made airplane parts, and it soon received a military contract to produce airplane starters. After their initial work orders were fulfilled on time and at a lower cost than other contractors, Jack and Heintz soon received more military contracts, including a significant one for the production of autopilot devices.
By 1944, Jack and Heintz employed over 8700 workers (including several thousand women) at their expanded Maple Heights location and several other new plants around the area. This number is staggering when one considers that at its inception in 1940 the company only employed about 50 people.
While its name may have been Jack & Heintz, it was Bill Jack who became the charismatic public face of the company. Before founding Jack & Heintz , Jack had been a machinist, then became a leader in the machinist's union, and eventually opened his own plant, making him a wealthy man.
When the war ended, however, the lucrative military contracts that allowed JAH-CO to take such good care of its workers came to an end as well. In 1946, the company merged with Precision Products. Both Jack and Heintz sold all their stock after the acquisition, making millions but giving up their voting control in the new company.
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Additional Information
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