The Heywood Wakefield Company of Massachusetts was a successful producer of wooden and rattan furniture in the 19th and early 20th centuries.

In 1921 the company expanded and acquired the Lloyd Manufacturing Company in Menominee, Michigan which manufactured rattan furniture and baby carriages. In 1921 an assembly plant to sell Lloyd products was established in Orillia on West Street South in part of the Tudhope building.

Marshall Burns Lloyd was born in St. Paul Minnesota in 1858 and when still an infant his family settled in Meaford, Ontario. An inventor with unusual initiative Marshall invented and sold fishing spears, woven clothes hampers and spring beds, all before moving to Toronto at the age of 16. In Toronto he sold soap, jewelry and general merchandise door to door. Moving to northern Ontario he became a mail carrier using a dog team to deliver mail between Port Arthur and Pigeon River. Next he moved to Winnipeg and made several thousand dollars selling real estate, then bought a farm in Grafton, North Dakota.

His parents moved to this farm and Marshall was off to Minneapolis inventing a machine for weaving wire that gave him a partnership in the C.O. White Manufacturing Co. By 1900 he bought out the company and founded the Lloyd Manufacturing Co., later moving the plant to Menominee. It was here he invented a machine known as the Lloyd Loom to manufacture wicker furniture and baby carriages.

The Orillia plant expanded to this new factory built on Atherley Road, west of Forest Ave., in 1947 and became the largest producer of baby carriages in Canada.