Pusey and Jones
The Pusey and Jones Corporation was a major shipbuilder and industrial-equipment manufacturer from 1848 to 1959.
Shipbuilding was the primary focus from 1853 until the end of World War II, when the company converted the shipyard to production of machinery for paper manufacturing. The yard built more than 500 ships, from large cargo vessels to small warships and yachts, including “Volunteer”, the winner of the 1887 America’s Cup.
History
The company began in 1848, when Joshua L. Pusey and John Jones formed a partnership in Wilmington, Delaware, to run a machine shop in space rented from a whaling company. The shipyard sat between the Christina River and the main line of the Pennsylvania Railroad.
In 1851, Edward Betts and Joshua Seal, who were operating an iron foundry in Wilmington, purchased an interest in the business, and the name of the company became Betts, Pusey, Jones & Seal.
In 1854, Pusey and Jones built the first U.S. iron-hulled sailing vessel, the schooner "Mahlon Betts".
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