| Business type: Limited Liability Company (LLC) |
| Founded: |
| Founder(s): Hans Goldschmidt |
| Number of locations: 1 |
| Area served: 6530 Poe Ave Dayton, OH 45414-2591 |
| Website: https://www.shopsmith.com/ |
History
1
Shopsmith has its origins in the ShopSmith 10E and 10ER tool, a five-in-one woodworking tool for do-it-yourself consumers invented in the late 1940s by Hans Goldschmidt, an immigrant from Germany. It found a ready market among new homeowners in the period after World War II (1939–45). The compact ShopSmith 10ER combined a table saw, lathe, drill press, disc sander and horizontal boring machine. It was manufactured by Goldschmidt’s Magna Engineering Corporation of San Diego, California. Successive models included additional accessories such as a bandsaw, jigsaw, jointer and belt sander. The lawn and garden tool manufacturer Yuba Power Products of Cleveland, Ohio bought Magna and the ShopSmith product line in the late 1950s. A few years later a group of Yuba employees founded Magna American Corporation and purchased the ShopSmith assets. They started manufacturing in Raymond, Mississippi, but their company ceased operation prior to 1966.
During this time frame, Shopsmith produced several new models including the MK2, MK5, and MKVII.
Operations
How is this business conducted? Online, publications, brick and mortar? Please elaborate as much as you can.
Sponsorships
Does your merchant sponsor any outside organizations, teams, artists?
Philanthropy
More than likely your merchant participates in some form of philanthropy, childrens hospitals, veterans organizations?
References
Bibliography