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Lackenby Iron Works were owned by Lloyd and Co
1870 engaged Alfred C. Hill to build the Lackenby furnaces which he managed until 1876
At some point Downey and Co took over the Lackenby Ironworks near Middlesbrough, which were reconstructed and managed by Mr. Downey for several years. The firm bought the Stanghow Ironstone Mines at Boosbeck from the Trustees of the late George Wythes. These mines were opened and remodelled under Mr. Downey’s management - the ironstone produced being smelted at the Lackenby Furnaces.