The company specialised in iron castings including lamp-posts, manhole covers, ornamental ironwork and agricultural machinery.
In 1854 the company bought the freehold for the site from St John's College, which owned much of north Oxford.
[1] The company responded by adding a new smith shop and foundry to the Eagle Ironworks, designed by local architect William Wilkinson and completed in 1879.
[1] In the decade after becoming a limited company, Lucy's accordingly increased and diversified the Eagle Ironworks buildings, including a north-lit factory extension designed by George Gardiner and completed in 1901.
[11] Early in the 20th century the poet and short story writer A. E. Coppard (1878–1957) worked at the Eagle Ironworks, as recounted in his autobiography It's Me, O Lord!
[13] The story includes a fictitious "Randolph Lucy", a 17th-century alchemist with an eagle-demon who had his laboratory on nearby Juxon Street.