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is a city located on the Yaquina River and along U.S. Route 20 in Lincoln County, Oregon, United States. As of the 2000 census, the city had a total population of 3,472. The city is a 2009 All-America City Award finalist.
Toledo was first settled in 1866 by John Graham, his son Joseph, and William Mackey, who claimed land made available by the Homestead Act. It was called "Graham's Landing" until a post office was established two years later; the Grahams then chose to name it after Toledo, Ohio, which had been their home for years before they headed west.
The city had its first mayor, Charles Barton Crosno, in 1893 when it was made the county seat of the newly established Lincoln County, and was incorporated in 1905.
After the formation of the Spruce Production Division of the U.S. Army Signal Corps in November 1917, Toledo was to be home to one of four major sawmills processing the old growth Sitka Spruce needed for the production of airplanes for the United States Army Air Service. The mill was not yet complete when World War I ended.
The newly-formed Pacific Spruce Corporation bought the uncompleted sawmill, a railroad line, and related equipment. and became a major employer in the area.