Lehigh Crane Iron Company
Crane Iron Company, 1891
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 Location of the Crane Iron Works in Pennsylvania
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| Location | Front St. between Church & Wood Sts., Catasauqua, Pennsylvania |
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| Coordinates | 40°39′07″N 75°28′22″W / 40.65208°N 75.47287°WCoordinates: 40°39′07″N 75°28′22″W / 40.65208°N 75.47287°W |
| Built/founded | 1839–1840 |
| PA marker dedicated | May 4, 1997 |
The Lehigh Crane Iron Company (later simply the Crane Iron Company) was a major ironmaking firm in the Lehigh Valley from its founding in 1839 until its sale in 1899. It was founded under the patronage of Josiah White and Erskine Hazard, and financed by their Lehigh Coal & Navigation Company, which hoped to promote the then-novel technique of smelting iron ore with anthracite coal. This was an important cost and energy savings technique, since either an expensive charcoaling nor coke (as needed for Bituminous coals from anywhere) producing process and transport costs was totally eliminated so produced a great acceleration in the underpinnings of the American industrial revolution.
The new company was named 'Crane' as a nod to, a thank you to and for George Crane, a British foundry owner whose kind understanding and support backed their desire to hire away his foundry's long time superintendent, ironmaster David Thomas, who had achieved regular successes in employing the new hot blast process and successfully worked out necessary additional methods to not only smelt iron, but produce fine quality cast iron and pig iron ready to make steel. These results positioned Crane's company's strongly to dominate British steel and iron manufacturing for decades. Crane was grateful, so with a younger Thomas assistant already on hand, allowed Thomas his big chance for fortune. LC&CN's Hazard not only hired him and paid his expenses to come to America and set up an ironworks using the new technique, but made him a partner in the enterprise in agreement of 31 December 1838.
By late winter, LC&NC was seeking suitable real estate, with water power and access to iron ores. Suitable acres were available a few miles below the Lehigh Gap in Northampton County. The company put its first furnace into blast in 1840, and quickly gained a reputation for efficiency and ironmaking prowess among the many furnaces that now sprang up in the Lehigh Valley. Over the next several decades, Crane Iron developed an extensive portfolio of assets, buying mines in the Lehigh Valley and in northern New Jersey, and taking over many of the smaller iron furnaces in the region. Crane Iron also financed the building of railroads in the area to haul limestone and iron ore to its furnaces.
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