The Ashland facility has a rich history of producing castings and machined products. Founded as Goyne Brothers (later changed to the Goyne Pump Company) in 1881, Ashland first produced pumps for dewatering coal mines.

In 1979, Goulds Pumps Inc. purchased the Goyne Pump Company. Two years later, Goulds also purchased Morris Pumps, Inc, Baldwinsville, NY who manufactured a line of slurry pumps that complemented the Ashland products. In 1989 much of the Morris Pump line was moved to Ashland.

In 1997, ITT Industries acquired Goulds Pumps and Ashland became part of ITT. Ashland remained a part of ITT – Goulds Pumps until December 11, 2010. At that time an individual purchased the Ashland Operation from ITT – Goulds Pumps, and the company became Ashland Foundry & Machine Works, LLC. Speyside Equity purchased Ashland Foundry & Machine Works LLC in May of 2017 and major capital improvements continue as Ashland maintains its world class status.

Some major milestones in our history:

Year Milestone
1881 Goyne Brothers organized
1889 Production of Steam Powered Dewatering Pumps
1920 Production of Centrifugal slurry pumps
1932 Expanded Pump markets outside of the coal industry
1955 Changed name to Goyne Pump Company
1977 Mechanized foundry installed
1979 Goulds Pumps Inc. acquires Goyne Pump Company
1980 Constructed new machine shop
1983 Installed the heat treat system
1984 Foundry expanded
1986 Foundry was converted from gray iron production to steel and high alloy
1990 Expansion of heat treat, machine shop, shipping and warehouse
1991 Foundry expanded
1994 Export shipping and pattern storage buildings constructed
1997 Acquired by ITT Industries
2009 Acquired by an individual
2017 Acquired by Speyside Equity