The Mosler Safe Company was a manufacturer of security equipment, most notably safes and bank vaults, beginning in 1867 and ending with its bankruptcy in 2001.
Founded in Cincinnati by Gustave Mosler as the Mosler-Bahmann Safe Company, it outgrew its original factory and relocated to Hamilton in 1891, where it remained until its 2001 bankruptcy. Its safes and vaults were renowned for their strength and precision manufacture: several Mosler vaults installed in Hiroshima's Mitsui Bank building prior to WWII survived the nuclear attack, and the company subsequently produced doors for missile silos and even the vault now used to display and store the United States Constitution and Declaration of Independence. One example, installed at the Atomic Energy Commission's Oak Ridge National Laboratory, weighed approximately 138 tons including the frame. Despite the weight ("the largest and heaviest hinged shielding doors in the world"), each 58-ton blade could be opened and closed manually by one person.
Mosler was controlled by its founding family until 1967, when they sold it to American Standard Companies. American Standard then sold the division to a group of Mosler managers and outside investors in 1986.
After 134 years in business, Mosler declared Chapter 11 bankruptcy in August 2001, citing continuing debt problems, and ceased operations shortly thereafter. Diebold subsequently announced programs to support former Mosler customers.
Former Vice President Dick Cheney was rumored to keep a man-sized Mosler safe in his office. Such allegations fueled speculation as to the contents of the safe among pundits such as The Daily show's Jon Stewart and CNN's Wolf Blitzer. The Central Intelligence Agency also maintains Mosler "Lock Boxes" for its key employees at the Langley Virginia headquarters.
References
- ^ a b Wood, Roy (2001-08-01). "Mosler employees stunned by closing". The Cincinnati Post (E. W. Scripps Company). Archived from the original on 2004-11-05 . http://web.archive.org/web/20041105040820/http://www.cincypost.com/2001/aug/04/mosler080401.html . Retrieved 2007-09-02 .
- ^ Mosler and the Cold War
- ^ Mosler Safe
- ^ "Mosler Inc. to Cease All Operations, Diebold to Support Customers in Wake of Mosler's Liquidation". Five Star Security Services. 2001-08-08 . http://www.csaaul.org/MoslertoCeaseOperations.htm . Retrieved 2007-09-02 .
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