This firm was founded in 1876 by Charles C. Newton and Jacob D. Cox. In 1880 Mr. Newton sold out his interest. The firm reorganized as the Cleveland Twist Drill Co.
Newton & Cox was established in 1876, and built planers and milling machines. Mr. Newton sold his share in the business to F. F. Prentiss in 1880, went to Philadelphia, and started the Newton Machine Tool Works. Cox & Prentiss later became the Cleveland Twist Drill Company. They drifted into the drill business through not being able to buy such drills as they required. They began making drills first for themselves, then for their friends, and gradually took up their manufacture, giving up the business in machine tools.
Information Sources
- Machinery Magazine, V12, Jul 1906, pg. 614
- English & American Tool Builders by Joseph Wickham Roe 1916, Yale University Press, pg. 266