By the late 19th century, Meadville's economy was also driven by logging, agriculture, and iron production. The Talon Corporation, headquartered in Meadville, played a major role in the development of the zipper. Since the clothing industry was largely unaffected by the Great Depression, the community saw a population boom at that time. During World War II, the nearby Keystone Ordnance plant brought additional jobs to the area. The high demand for zippers created favorable conditions for the Talon Company, and so became Meadville's most crucial industry. The company encountered significant difficulties after it was absorbed by Textron industries in 1968, eventually ending up bankrupt. Today, nothing remains of Talon in Meadville except for a few run-down buildings. However, as a result of the need for close tolerances and tool and die makers, a cottage industry of tool and die shops was established which resulted in Meadville, earning the city the nickname Tool City with more tool shops per capita than any place else in the United States.