Middletown, Conn., June 17.—Officers of the International Silver Co. Thursday notified the managers of the Middletown Plate Co., recently acquired by the International Co., to close the factory in Middletown, on Friday night, June 30. The business of the Middletown Plate Co. will be removed to Meriden and incorporated with that of the Wilcox Silver Plate Co., so that the local company will practically pass out of existence.
Since the business of the Middletown Plate Co. was acquired by the International Co. several visits have been paid here by the officials and rumors as to the future of the Middletown company have been rife. First, it was said that the solid silver department was to be transferred to Meriden and the German silver department to Hartford and later that the business here was to be discontinued. Officials of the local company would not deny nor confirm these reports, but it is quite certain that they did not expect the business would be discontinued here, for the present at least. The company have given employment to 250 hands and have paid out in wages pretty nearly $100,000 a year. Some of the old hands, uncertain as to the future of the company, sought situations elsewhere soon after the business was acquired by the combination.
James H. Kelsey, secretary for the Middletown Silver Co.. has been offered and has accepted a position with the International Silver Co.
Source: The Jewelers' Circular and Horological Review - 21st June 1899