Victory Bonds, Sunshine Waterloo Company Limited
Description
- Media Type
- Image
- Item Type
- Photographs
- Description
- Presentation of a Certificate of Honour to the company for its participation in the fourth Victory Loan drive.
Left to right: Lorne Sellery; J.C. Vanstone; A.M. Snider. - Notes
- The Sunshine Waterloo Company (later SunarHauserman Limited) was started in 1930 as a joint venture of the H.V. McKay Company of Melbourne, Australia and the Waterloo Manufacturing Company, Limited to make combines for the North American and Argentine markets.
During the Depression the grain harvesters were being phased out as the farmers could not afford to buy them, and the company produced automotive stampings for cars. Waterloo Manufacturing withdrew from the joint venture in 1934. The company expanded to bed warmers, baby carriages, roller skates and industrial steel shelving. In 1939 Sunshine began manufacturing bombs, land mines, army truck doors, gun mounts, airplane parts and complete nose assemblies for the Mosquito fighter-bomber. The company operated around the clock and was Waterloo's largest employer during the war years.
After the war it returned to normal production and added office furniture in the 1940s and 1950s. Massey Ferguson Limited of Toronto acquired the company in the mid-1950s. The company then concentrated on steel office furniture, library shelving and school lockers and the name was changed to Sunshine Office Equipment Limited. In 1964 the company acquired Art Woodwork of Montreal and the name was changed to Sunar Limited a combination of the two company names. In 1978 Sunar was sold to E.F. Hauserman Inc. of Cleveland. In 1983 it became SunarHauserman Limited with the head office in Waterloo. The company was forced to close its doors in 1990.
The Canadian Government sold Victory Bonds to Canadian citizens, private corporations and various organizations in order to raise funds to pay for the war. The bonds were a loan to the government that could be redeemed with interest after 5,10, or 20 years. After World War II the campaign eventually led in 1946 to the government issuing Canada Savings Bonds in order to encourage Canadians to continue the savings habit that Victory Bonds had established.
See also: 1012-38-40, 87, 153, 163-164, 194.
- Date of Original
- May 1943
- Date Of Event
- May 1943
- Dimensions
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Width: 25 cm
Height: 20 cm
- Image Dimensions
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Image Width: 25cm
Image Height: 20cm
- Subject(s)
- Personal Name(s)
- Snider, A.M ; Sellery, Lorne ; Vanstone, J.C.
- Local identifier
- 1012-88
- Collection
- Sunshine Waterloo Collection
- Language of Item
- English
- Geographic Coverage
-
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Ontario, Canada
Latitude: 43.461941 Longitude: -80.534737
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- Copyright Statement
- Uses other than research or private study require the permission of the rightsholder(s). Responsibility for obtaining permissions and for any use rests exclusively with the user.
- Contact
- Waterloo Public LibraryEmail:askus@wpl.ca
Website:
Agency street/mail address:35 Albert Street, Waterloo, Ontario, Canada, N2L 5E2
