How it started
History
Morgan Construction Company has been building high-production, continuous, 2-high hot mills since 1888. These mills were designed to produce wire rod, merchant bars, small angles, skelp, sheet, bar, and billets, and were in operation in practically every country where the manufacture of steel has assumed large enough proportions to warrant this type of mill.
As the demands for rolled steel products developed, the speeds and loads of the mills increased, and the problem of adequate roll bearings became more and more acute. First introduced in 1932, MORGOIL bearings were welcomed by the rolling mill industry where roll neck bearing problems were hampering the development of faster and more powerful rolling mills. MORGOIL bearings provided higher load capacities, higher speed capabilities, lower power consumption, and longer life than existing bearing choices
MORGOIL bearings are totally enclosed, precision journal bearings that operate on a hydrodynamically generated film of oil. This oil film has a very high load-carrying capacity, and since there is no metal-to-metal contact, wear is negligible.
From Wikipedia’s article on MORGOIL Bearings, shared under CC BY-SA 4.0.2