Canedy Manufacturing Co. was established by William Eaton Canedy by 1887, and perhaps a decade or more before. The business began in Rochester, Minnesota, but had moved to the Chicago area by 1890. By 1893, Albert T. Otto had joined the firm and the company name had changed to Canedy-Otto Manufacturing Co. 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 and blowers. In later years they made heavy-duty drill presses, plus they made a combination machine for working wood and metal.

Ad from the April 1929 issue of "Popular Mechanics"

The names "SNOW", "Royal", or "Royal H Western Chief" appear on some Canedy-Otto products. They used the "Tiger" name for their economy line.

Information Sources

• William E. Canedy of Wauconda, Ill., was granted an 1869 patent for a "stove-pipe shelf and drier". In 1876 he was in Rochester, Minn., when he was granted a patent for a combined anvil and vise. He was still in Rochester in 1886, but by 1890 he was in Downer's Grove, Ill., which is when he received his first drilling-machine patent. The first of his patents that was explicitly assigned to a company was an 1899 patent for an "attachment for drilling-machines" that was assigned to Canedy-Otto Manufacturing Co. Three patents, all granted in 1890, were jointly assigned to William E. Canedy and William H. Edwards, both of Downer's Grove. Edwards was perhaps a partner in Canedy Manufacturing Co.
• The book The Ancestors of Edna Frances Cady, by Robert Cady Gates, 1991, has this snippet, available through Google Books: "Some of these were the following: 1887: Canedy Manufacturing Company of Rochester, Minnesota..."
• A report on the World's Columbian Exposition of 1893, published in the book The White City by John Moses and Paul Selby, 1893 (available through Google Books), lists Canedy-Otto Mfg. Co. of Chicago as exhibiting "Portable forges, blowers, vises, drills, screw plates, anvils and blacksmith tools."
• Listed in the EAIA's Directory of American Toolmakers, with a single data point of 1894.
• The Directory of American Toolmakers also lists Canedy Manufacturing Co.: "The company, which was also called C.M. CO., made hand cranked blowers with the brand name WESTERN CHIEF and forges. They were succeeded by the Canedy-Otto Mfg. Co. Their only Chicago listing is in an 1890 directory; they may have worked in Grove before that."
• Correspondent Ken Lyons learned from the Office of the Illinois Secretary of State at Canedy-Otto Manufacturing Co. was voluntarily dissolved on 1942-04-08.
• Joe Potter pointed out that the cut-sheet for the 21" stationary-head floor drill, dated 10/51, says "Canedy-Otto Division / Cincinnati Lathe & Tool Co. / Cincinnati 9, Ohio, USA". The letter attached to the cut-sheet is dated November 21, 1951, from Cincinnati Lathe & Tool Co. The letter refers to "Cincinnati Lathes" and "Canedy-Otto Drills".
• An email correspondent reports that he has a Canedy-Otto Mount Royal drill press from the 1950s; he was told that they ceased manufacturing in 1956.
• The book The U.S. Machine Tool Industry From 1900 to 1950, by Harless D. Wagoner, 1968, has this snippet obtained via Google Books: "... the Canedy-Otto Manufacturing Company of Chicago Heights, Illinois, which was sold at public auction in 1949 and purchased by the Cincinnati Lathe and Tool Company..."
• Seen on eBay: a manual for a Royal 16 drill press from the Cincinnati Lathe & Tool Co. There is no mention of Canedy-Otto on the cover of the manual.