The Carron Company was an ironworks established in 1759 on the banks of the River Carron near Falkirk, in Stirlingshire, Scotland. After initial problems, the company was at the forefront of the Industrial Revolution in the United Kingdom. The company prospered through its development and production of a new short-range and short-barrelled naval cannon, the carronade. The company was one of the largest iron works in Europe through the 19th century. After 223 years, the company became insolvent in 1982.
Caddell's young son, also William, was appointed manager, and the company's financial position was precarious in its first few years. It took time and a considerable investment to create the necessary infastructure and for the largely unskilled workforce to develop the techniques of iron working. The first blast furnace became operational on 26 December 1760, producing pig iron. However, when the factory started to produce cast iron goods, they were of a generally poor quality. Nevertheless, in 1764, the Board of Ordnance granted the company a lucrative contract to supply armaments to the British armed forces. The company also cast parts for James Watt's steam engine in 1765.
The company's fortunes had begun to improve as a result of Charles Gascoigne becoming a partner in 1765. Gascoigne was a grandson of Charles Elphinstone, 9th Lord Elphinstone and had married Samuel Garbett's daughter in 1759. Gascoigne introduced many improvements in the company's techniques of production, and devoted considerable effort to increasing the quality of its work, and he took over the management of the works from William Cadell, Jr, in 1769.
The company received a royal charter to incorporate as the Carron Company in 1773. However, despite Gascoigne's efforts, the quality of company's products had remained low, and the company's contracts to supply the Royal Navy were cancelled in 1773, with the company's cannon being removed from all naval vessels.
The company continued to produce pig iron through the 19th century, together with cast iron products such as ballustades, fire grates, and the Carron bath. It ran its own shipping line, and produced munitions in both World Wars, and telephone kiosks in the later 20th century. In the 1960s, it produced cast iron rings to line the Tyne Tunnel under the River Tyne from Jarrow to Howden and the Clyde Tunnel under the River Clydefrom Whiteinch to Govan near Glasgow.
The company diversified into plastics and stainless steel, but the works went into receivership in 1982.
Defence companies of the United Kingdom | Defunct companies of Scotland | 1759 establishments | 1982 disestablishments
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