Goodell-Pratt

Goodell-Pratt was a tool manufacturing company based in Greenfield, Massachusetts, created by William Pratt after he purchased the Goodell Brothers Company.
In 1925 Goodell-Pratt purchased the A.F. Way Company’s electric drill operations and began to produce power tools. By 1929 Goodell-Pratt had three production facilities and was producing 1500 separate tools. With the advent of the economic slowdown that resulted from 1929 stock market crash, the Goodell-Pratt’s excess capacity was a drag on its profits. Goodell-Pratt’s stock went to fifty cents a share and it was purchased by the Millers Falls Company.