Katahdin Asset Management LLC
Katahdin Asset Management LLC, located in Columbus, OH, has its roots in the groundbreaking work of Joseph A. Jeffrey and partners, who established the world's first coal mining machines in 1876, leading to the creation of The Jeffrey Manufacturing Company. Over the years, the company evolved, notably acquiring Galion Iron Works, and after selling its operating assets to Dresser Industries in 1974, it transitioned into a private investment entity owned by Mr. Jeffrey's descendants.
For more than a century, The Jeffrey Manufacturing Company significantly contributed to the coal mining industry with its innovative cutting machines, conveyors, and mine locomotives. Today, while the company no longer manufactures equipment, it remains a point of contact for parts for Jeffrey machines, reflecting its enduring legacy in the sector.
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