It was founded in 1938, near the end of the Great Depression by John A. Schultz. The mill was set up in the former New York Central locomotive shop in Avis, across Pine Creek from Jersey Shore. The company began manufacturing steel rails for the railroad industry.
In 1938, a new business was founded by John A. Schultz, during a time of economic hardship known as the Great Depression. The mill was built in an old factory that previously manufactured locomotives in Avis, close to Pine Creek and Jersey Shore. This company began producing steel rails for use in rail transportation.