Tyrone is located about five miles south of Merridean. Tyrone was founded in 1856 by Hamilton Hubbard, who came to Dunn County to farm. A few years later he realized that he could make a good living by sawing lumber. Hubbard set up a mill and because the mill prospered, in 1858 the city of Tyrone was established. A canal was dug from the Chippewa River to float logs into the mill.

Logging eventually declined, and so the emphasis of the community changed to transportation. Steamboats came to the end of the line at Tyrone. A hotel was built to accommodate people until they could take the stage coach. From there people had to take the stage coach line to Eau Claire (a distance of about 20 miles) because the river became too shallow and narrow for riverboat traffic. Eventually a train took the place of the steamboats and the stage coach so the town soon died.

After everyone moved out, Stanley Cider and his brother, Joseph, moved into the hotel.

This began the so called "Battle of Tyrone". The Cider brothers wanted to secede from Peru township and start their own village. They even planned to have their own elections for village officers. But Dunn County records state that although the village was platted, it was never incorporated. Also, there was no record of any elections in Tyrone, and Dunn County Board proceedings dating back to 1874 fail to list the Supervisor for Tyrone. Tyrone was never proclaimed a town and so therefore, the Cider brothers request was denied.

In 1972 Northern States Power Company proposed building a nuclear power plant in the Tyrone area. They had produced power by coal and nuclear power in the Red Wing, Minnesota area, and decided there was a need to expand their services with a large nuclear plant at Tyrone. NSP bought up about 2000 acres near Typron to house the plant. This forced 30 landowners to give up their land. The people in the area for the most part did not like the idea of the nuclear power plant. The plant would need high voltage power lines to transport the electricity to Minnestoa and that would produce ozone gas. Ozone gas could interfere with farming, and television and radio reception. It would also reduce the real estate value, and produce high level noises.

After all of the debates over the plant, NSP decided not to build it. Now all of the land, which NSP still owns, is open to hunters and fishermen, and any other outdoor activities and may some day be used by NSP for some . To this day Tyrone is a great hunting and fishing area.