· Shepard Niles, founded in 1878 in Montour
Falls, NYN, was an internationally recognized leader in the development
and engineering of material handling products until it succumbed to poor economic conditions and closed its door forever,
on March 31, 2002.
· The company is well known for their innovate technologies; they
have standard and custom built hoist, cranes, and monorail systems. They also have the capacity to build the products that
they made when Shepard Niles used to keep Cleveland manufacturing.
Shepard Niles used to keep Cleveland Tram rail in business, by shipping products via the railroad system providing the material
that Cleveland Tram rail needed.
· Shepard Niles is one of the largest producers of the patented
track and automated monorail equipment.
· *Scoped-“Announces Major business expansion in former Shepard
Niles”-Penn, traffic Mfg. inc, manufacturing of fire hydrants valves, and water pumps. This will open a new business,
Queen Catherine Mfg. Inc. for the village of Montour Falls. This company is wholly owned subsidiary of Peen-troy, Pennsylvania Company will purchase and renovate
90,000 square feet of Shepard Niles facility.