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 enterprise was founded by John A. Schultz, near the conclusion of the Great Depression. The mill was constructed in an old locomotive factory in Avis, close to Pine Creek and Jersey Shore. This business began manufacturing steel rails specifically for the rail industry.