Portland Company
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The Portland Company was established in 1846 as a locomotive foundry to build railroad equipment for the connection between Portland and Montreal. Its first locomotive, the Augusta, emerged from the shops in July 1848 for delivery to the Portland, Saco & Portsmouth. Over the next several decades, the Company produced in its Fore Street facilities over 600 steam locomotives as well as 160 merchant and naval vessels, railcars, construction equipment, Knox automobiles, and the like. Taking into account its other products, the Company could lay claim to being one of the leading medium-to-heavy steel manufacturers in New England. The company ceased production in 1978.
Presently, according to the Portland Company Complex website, the site has become a marine-oriented complex with a small marina, several marine as well as other office tenants and an operating Maine two-foot narrow gauge railroad museum.