Canedy & Edwards was established by William Eaton Canedy in 1889 when he moved his firm, the Minnesota Anvil & Vice Co. to Downers Grove, IL and took William H. Edwards as a partner.
The business began in Rochester, Minnesota, but had moved to the Chicago area by 1889. By 1894, Albert T. Otto had joined the firm, the company name had changed to Canedy-Otto Manufacturing Co. and they had moved again to Chicago Heights, IL. The company was dissolved in 1942, but was then revived for a time, perhaps as part of the war effort. In 1949 the company was sold at public auction and was acquired by Cincinnati Lathe & Tool Co. and operated as the "Canedy-Otto Division" of that firm. This division reportedly lasted until 1956, but at least some of the Canedy-Otto product line continued under the "Cincinnati Lathe & Tool Co." name.
In their earlier days Canedy-Otto primarily made blacksmithing equipment, such as post drills, tire shrinkers and blowers. In later years they made heavy-duty drill presses, plus they made a combination machine for working wood and metal.
The Model 00 found in our Museum.