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114
FORSBACKA JERNVERKS AKTIEBOLAG
Fogelmarck and August
and Christian Lundeberg,
the last mentioned being
the Swedish Prime
Minister in 1905, at the time
when the Union between
Sweden and Norway was
dissolved. In 1907 the
majority of the shares
ngo s orage. came into other hands
and, in 1916, all the shares became the property of the Nordiska Kullager
Aktiebolaget (the Northern Ball-Bearings Mfg. Co., Ltd.), which purchased the Works in order
to be able to ensure a supply of the very best quality steel for its manufacture of
ball bearings. At the beginning of the present year (1920) a change in the
ownership has taken place, the majority of the shares having been transferred from the
Ball Bearings Mfg. Co. to a syndicate closely connected with the Company’s Board
and in which syndicate some of the former large shareholders of Forsbacka entered.
The management of the Forsbacka Works, from 1908 until the middle of the
present year-a period characterized by a lively development of the business-has been
in the hands of Mr. Arvid Sjögren. At present, the care of the enterprise, which
continues to be a most flourishing concern, is confided to Mr. Axel Fornander, for
a long time Chief Engineer of the Works.
ORES.
Even to-day, in spite of the modern development of metallurgy, the quality of
the ore plays an
exceedingly great role in
respect to the body
of the steel produced,
and it is one of the
great advantages
possessed by Forsbacka
that, by means of its
share in the Bispberg-,
the Gamla and Nya (the Bessemer Works.
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