Werkspoor N.V. was the shortened, and later the official name of the Nederlandsche Fabriek van Werktuigen en Spoorwegmaterieel. It was a Dutch machine factory, known for rolling stock, (ship) steam engines, and diesel engines. It was a successor of the company Van Vlissingen en Dudok van Heel, later named Koninklijke Fabriek van Stoom- en andere Werktuigen. In 1954 Werkspoor was merged with Stork. Founded as Nederlandsche Fabriek van Werktuigen en spoorwegmaterieel In March 1890 the predecessor of Werkspoor asked for an automatic stay. After many years of heavy losses the financial world lacked confidence in this predecessor, the Koninklijke Fabriek van Stoom- en andere Werktuigen. What was needed was a radical restructuring and new leadership. Because of the national and city interest, authorities intervened to bring this about. The mayor of Amsterdam G. van Tienhoven succeeded in engaging C.T. Stork (owner of the machine factory Stork) in the operation and to provide a good manager. On 22 May 1891 a new company was founded named Nederlandsche Fabriek van Werktuigen en spoorwegmaterieel. (In Dutch: Dutch factory for tools and rolling stock). It bought all assets of its predecessor for 1,500,500 guilders, of which 920,500 went to a mortgage on the grounds of the factory. On 1 June 1891 C.H. Strumphler started as new CEO. The supervisory board was formed by: L. Serrurier of the municipal government of Amsterdam, C.T. Stork member of the Dutch senate, Jacob Theodoor Cremer and W.J. Geertsema of the House of Representatives, and two members representing a Dutch railroad: J.A. Roessingh van Iterson of the Hollandsche IJzeren Spoorweg-Maatschappij and H.J. Nivel of the Maatschappij tot Exploitatie van Staatsspoorwegen When the company (re)opened on 1 June 1891 it had 124 employees. New work came in slowly at first. The confidence in the old factory had been damaged, and had to be regained by the new factory. It gained some small orders for the navy, but rolling stock manufacture helped the company through the difficult first years. The company also had to spent a lot of money to restore the lack of maintenance of buildings and machinery during the last years of the Koninklijke Fabriek. A lot of machines were too old and too costly to operate and had to be replaced. The complex also required multiple connections to the railroad system. In 1893 J.T. Cremer was approached to found a new shipyard, which became the Nederlandsche Scheepsbouw Maatschappij.