Vulcan (Turku shipyard)
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| osakeyhtiö | |
| Industry | engineering; shipbuilding |
| Fate | merged with Ab Crichton |
| Predecessor | Åbo Mekaniska Verkstads Ab |
| Successor | Oy Crichton-Vulcan Ab |
| Founded | May 21, 1898 |
| Founder | C.F. Junnelius |
| Defunct | August 7, 1924 |
| Headquarters |
Turku, Grand Duchy of Finland (→ 1917); Republic of Finland (1917 →) |
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Number of locations
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Turku, Finland Saint Petersburg, Russian Empire |
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Key people
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C.F. Junnelius, Caesar Holmström, Allan Staffans |
| Products | ships, engines, pumps, military supplies |
Aktiebolaget Vulcan was an engineering works and shipbuilding company that operated in Turku, Finland between 1898–1924.
The company was founded by local businessmen, who bought the production facilities from previously ceased Åbo Mekaniska Verkstads Ab. The company produced ships, engines, pumps and other engineering products. Vulcan had a facility also in Saint Petersburg, where it produced military supplies for the Imperial Russian Army. The company struggled due to losses caused by the Russian Revolution and declined orders.
The company manager Allan Staffans joined Vulcan with its competitor Ab Crichton, creating Crichton-Vulcan shipyard.
Vulcan originated from 1874 established Åbo Mekaniska Verkstads Ab, which was located on east bank of Aura River. The founder was Carl Korsman and the 400 000 marks' share capital was primarily funded by C.M Dahlström's trading house and alderman Gustaf Wikeström. The company's main products were ships, steam engines and steam boilers; it also carried out ship repairs. It invested on building a large red brick assembly workshop, thin plate workshop, foundry and a slipway. The initial capital was used out and the company did not get credit, and therefore the owners were obligated to increase the capital by value of their own shares. Carl Korsman could not afford this, and he had to give up with his ownership.
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