The Phoenix Foundry (est. 1861) is not listed in the Auckland directories of the time. From internal evidence it appears that this foundry operated in Stanley Street, either from the premises of Fraser & Sons or from the stores of W.S. Laurie, both of whom were listed as principals of Phoenix. It was closed after a fire.

As a company, George Fraser & Sons Ltd., engineers, boiler makers, iron and brass founders, appears to date from October, 1900, when it held its first Annual General Meeting to elect directors. Its head office and branch foundry was located on the corner of Albert Street and Customs Street West (opposite the Custom House). The foundry itself was located in Stanley Street and covered nearly two acres. In busy seasons nearly one hundred workers were employed there.