	Fisk was succeeded by William H. Forbes, son of initial investor, John G. Forbes. In 1875, Fisk's brother-in-law, William M. Raymond, partnered with Forbes and restructured the company as W.M. Raymond & Company. In subsequent years, Syracuse City Attorney, Daniel Phelps Wood, gained controlling interest in W.M. Raymond & Company and made his brother, William S. Wood the foundry's superintendent.