Electricity Rates in Addyston, OH

History of Addyston

The area that would later become Addyston was known as "Coal City" by the 1870s, as it was home to two highly productive coal elevators along the Ohio River. Canadian immigrant Matthew Addy purchased an area of Coal City's riverfront in 1889 and subsequently founded the Addyston Pipe and Steel Company. Addyston was incorporated in 1891. Addyston served as a company town for Addy's foundry, with nearly 80% of the village's homes rented by Pipe and Steel Company workers by the early 1900s. In 1894, the company entered into a cartel with other pipe manufacturers in which they agreed not to compete with each other in order to increase the price of their products. The cartel was the subject of an 1899 US Supreme Court antitrust case, Addyston Pipe & Steel Co. v. United States.Addyston was devastated by the Ohio River flood of 1937. The Pipe and Steel Company, by then renamed U.S. Pipe and Steel, ceased operations in 1950. Its closure resulted in population loss and the blighting of many of the village's buildings, particularly in the Sekitan neighborhood. Monsanto began operating at the site of Addy's foundry in 1952, followed by Bayer in 1995, Lanxess in 2005, and Ineos in 2007. In 1991, part of Addyston was added to the National Register of Historic Places as the Village of Addyston Historic District. The village's fire department closed in 1999.Addyston's industrial plant has contributed to high levels of pollution in the surrounding area.

Addyston by the Numbers

Population

863

Median Age

29 yrs

Median Household Income

$44,861/yr

Median Home Value

$122,200

Homeownership Rate

40%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)