Clipped From Butler County Democrat
husband, above ex- and Yceno- BIG PLANT IS PURCHASED. The Niles-Bcmcnf-Poiid cQinpany of which the Niles Tool Works of this nily is n part, has made arrangements to purchase the plant of the Riclgway Machine Too! company at Kidgway, Pa. All the preliiuinery details for Ihe purchase of the plant have been arranged and all t h a t is now is (he signing of the papers which make the transfer of the property. The Hidgway company lias been ing the heaviest, labor-saving devices Iliul have been turned out in America. It has made an especial fcatnro of high-speed boring mills, locomotive latiies and similar tools. It is said circles that should be informed tluil (he pnrcliasc! price of the property about one 'million dollars. Recently the XileK-Bcmeul-Foud company authorized an increase of its capital stock and this is said lo be the therefor.