Late 1800's

The origin of the company name dates to the late 1800s.

1884 — Charles Gould, a 35 year-old customs collector in Buffalo, New York, bought a small forging operation to produce couplers for railroad cars.

1884 — While Gould was establishing his foundry business in Buffalo, the Shawmut Fuse Wire Company was established in Boston.

1888 — A forerunner of the firm was organized in Philadelphia, Pennsylvania, as the Cutter Electrical & Manufacturing Company. This company developed the Inverse Time Element circuit breaker that was such a strong innovation that the company later became known as I-T-E.

1893 — L.A. Chase and Co., a division of Stone & Webster, merged with Shawmut to form Chase-Shawmut, which provided fuse wire and other electrical products.

1898 — Charles Gould established Gould Storage Battery Corporation, building on the patented electrical innovations of a polarity regulator, voltage regulator and lamp multiplier.

Charles Gould's first business was the forging of rail car couplers, which he started in 1884.

Left: The original headquarters and manufacturing facilities for Chase-Shawmut when relocated in Newburyport in 1902.