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The rise of the Sprague Electric Company from a kitchen-table high-tech startup with a niche electronic product is representative of much of the U.S. electronics industry. Sprague Electric began in 1926 in the Quincy, Massachusetts kitchen of a young naval officer, Ensign Robert C. Sprague, and became a thriving manufacturer employing thousands of workers. It built a broad product line of electronic components, achieving international sales and a reputation for the highest quality. It then declined, went through a series of acquisitions, and eventually dissolved. Sprague Electric provides a valuable business and technological history, which serves as a lens for the stories of thousands of companies all over the world. It is the story of corporate success, and a cautionary tale of what to avoid. The Sprague Electric story portrays the value of investment in research and development, and also the effects of raw material supply chains on product lines. It is a story of a company's relations with the town where its factories were located, the small New England mill town of North Adams, Massachusetts, and how labor relations - initially cordial- later soured. It is a story of how a vulnerable company weathered the stresses of the Great Depression and triumphed, only to be brought down by the recessions of the 1970s and 1980s. It is a history of acquisitions, mergers, and spin-offs- some of them botched- and of the strategic and tactical mistakes that eventually caused the company to vanish. Its principal manufacturing plant is now an acclaimed art museum. Yet, Sprague Electric's successor companies continue its legacy in the electronic components industry. Corporations formed from its different business units and operations are now spread around the world.
Vols. for 1887-1946 include the preprint pages of the institute's Transactions.
Maury Klein is one of America's most acclaimed historians of business and society. In The Power Makers, he offers an epic narrative of his greatest subject yet - the "power revolution" that transformed American life in the course of the nineteenth century. The steam engine; the incandescent bulb; the electric motor-inventions such as these replaced backbreaking toil with machine labor and changed every aspect of daily life in the span of a few generations. The cast of characters includes inventors like James Watt, Elihu Thomson, and Nikola Tesla; entrepreneurs like George Westinghouse; savvy businessmen like J.P. Morgan, Samuel Insull, and Charles Coffin of General Electric. Striding among them like a colossus is the figure of Thomas Edison, who was creative genius and business visionary at once. With consummate skill, Klein recreates their discoveries, their stunning triumphs and frequent failures, and their unceasing, bare-knuckled battles in the marketplace. In Klein's hands, their personalities and discoveries leap off the page. The Power Makers is a dazzling saga of inspired invention, dogged persistence, and business competition at its most naked and cutthroat--a biography of America in its most astonishing decades.
Vols. 24, no. 3-v. 34, no. 3 include: International industrial digest.
“[This] biography of the ‘Father of Electric Traction’ details the life and times of an exceptional engineer, maverick innovator, [and] entrepreneur.” —NMRA Magazine Frank Julian Sprague invented a system for distributing electricity to streetcars from overhead wires. Within a year, electric streetcars had begun to replace horsecars, sparking a revolution in urban transportation. Sprague (1857–1934) was an American naval officer turned inventor who worked briefly for Thomas Edison before striking out on his own. Sprague contributed to the development of the electric motor, electric railways, and electric elevators. His innovations would help transform the urban space of the 20th century, enabling cities to grow larger and skyscrapers taller. The Middletons’ generously illustrated biography is an engrossing study of the life and times of a maverick innovator. “The authors weave this biography through time, with technological and political details that make Sprague human, a creative soul pressing his ideas with a sports-like outcome—some wins, some losses, and some ties . . . I recommend this well-written book detailing the life of the ‘Father of Electric Traction’ to explain the development of what we so casually take for granted.” —Trains “No one has previously used Sprague’s personal papers in a published biography . . . Recommended.” —Choice “Frank Sprague . . . is a major historical figure who for decades lacked a significant biography. This void has been ably and engagingly filled in this book by the dean of electric traction authors, William D. Middleton, and his son, William III.” —Classic Trains