At the start the company will employ about 100 hands. The plant will be used for the construction and erection of the company's product, including Boring Machines, Mills, Punches, Shears, &c. The plant is located on 3% acres of ground, upon which has been erected a main building, two stories high and 160 x 80 feet also a boiler house and engine room, all of brick. The company expect to be ready to fill orders by next week. The new shops which the Wais-King Tool Company are erecting at Clifton avenue, Cincinnati, Ohio, adjoining the Baltimore & Ohio and Big Four railroads, are approaching completion.
1902 Annual Report of the Department of Inspection of Workshops lists, under Cincinnati / Winton Place, Wais-King Tool Co., engaged in the business of "Machinery", employing 20 adult males, 1 adult female, and 3 boys. 1902 The Iron Age Directory lists "Wais-King Tool Co., Cincinnati, O." as a maker of Boring Machines, Boiler Shell Mills, Boring and Turning Punches, Hand and Power Punches, Multiple Punching Machines, I-Beam Shears, Beam and Channel Shears, Metal Special Machinery Straightening Machinery, Plate and Straightening Rolls. The Iron Trade Review mentions that Lane & Bodley had provided a "throttling engine for the new plant of the Wais-King Tool Co., Cincinnati.". Aves., Cincinnati 29, Ohio", it gives a few data points on the serial numbers of the vertical boring an turning machines: For the "American Steel Foundries, King Machine Tool Division, Paddock & Tenn. Government publication provides information on machine-tool pricing, and also includes some serial number data. They can supply replacement parts and support on all makes and models of King vertical turret lathes. In 2014, Bourn & Koch acquired King Machine Tool. The division suffered a series of corporate takeovers, which are a subject of further research. was acquired by American Steel Foundries, becoming American Steel Foundries, King Machine Tool Division. On January 3, 1948, King Machine Tool Co. by 1947 the company had acquired a lathe line from Sebastian Lathe Co. By 1943 King was retired or deceased and Muller was in control of the company. Muller, who had started as secretary of the company, became the general manager. Rufus King seems to have been a rather hands-off manager, and Edward A. The King Machine Tool Company continued on for some decdes, in a low-key way. King focused his newly renamed company on making vertical turret lathes. Wais set to establishing a new business, C. It appears that with Wais' departure, the company dropped the punch and shear business Mr. 
King, who re-organized the business as King Machine Tool Co.
The Wais-King company had two product lines: punches and shears, and vertical lathes and turning mills. Wais had formerly been the president of Wais & Roos Punch & Shear Co. This firm was established in August 1901 as Wais-King Tool Co., by Charles Christian Wais and Rufus King, Jr.
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