In late 1923, James Thomas and Oramel Skinner purchased the technology and equipment to produce the transformer lamination product line from Prof Esterline and incorporated as Thomas & Skinner Steel Company. At the time, these products were used in the fast growing radio industry.  After the acquisition, Thomas & Skinner implemented several key changes that set the company on a path of growth and innovation. They focused on enhancing the company’s production capabilities, expanding its product range, and investing in new technologies. One of the key developments in the history of Thomas & Skinner was the acquisition of the foundry of the Pioneer Brass Works in 1926. The new location on 23rd Street in Indianapolis, Indiana, offered the space and facilities to advance their production capabilities. This move provided the company with the necessary foundry building for further expansion.