ALCO's 1950's Nuclear Gamble

In April 1957, when the new, small nuclear plant at the Army's Fort Belvoir, Virginia site first started up, it seemed as if the plant's vendor, ALCO Products, had carried off something of a coup. Winning this important early contract had come about three years earlier for this small but well-equipped company that was looking to diversify and it seemed as if a bright future lay ahead for it. However, by mid-1962 the company had sold the bulk of its nuclear business to Allis-Chalmers (with some vessel contracts going to Baldwin-Lima-Hamilton.) What happened? We'll take a brief look as we walk through a photo montage.


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