The Standard Crayon and Chalk Company began operation in nearby Lynn, Mass. in 1891 and moved to Danvers in 1904. Danvers resident Henry Conway joined the company shortly thereafter and became the company president by 1925. Conway mechanized the manufacturing of their products and the firm was soon one of the largest manufacturers of crayons and chalk in the world. Binney and Smith, who made the well-known Crayola crayons, bought Standard in 1944 and continued manufacturing operations in Danvers until 1961.