Grant, a marble finisher from Milwaukee recognized the high quality of Phenix limestone and purchased an interest into Hunts company.
With this high quality limestone, the industrial development of the small community grew to establish a company owned town, which was typical of the times.
In 1904, the Missouri Bureau of Geology named Phenix as the largest and best equipped quarry in the state with a community of 500 employees.
Production halted during the Great Depression, leading the railroad track used for transportation to be abandoned.
[3] The Phenix quarry reopened under the management of the Vermont Marble Co. yet failed to regain its previous position in the market.