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Carnegie Steel Company
Carnegie Steel Company was a steel-producing company primarily created by Andrew Carnegie and several close associates to manage businesses at steel mills in the Pittsburgh, Pennsylvania area in the late 19th century. The company was formed in 1892 and was subsequently sold in 1901 in one of the largest business transactions of the early 20th century, to become the major component of U.S. Steel. The sale made Carnegie one of the richest men in history. Creation Carnegie began the construction of his first steel mill, the Edgar Thomson Steel Works, in 1872 at Braddock, Pennsylvania. The Thomson Steel Works began producing rails in 1874. By a combination of low wages, efficient technology infrastructure investment and an efficient organization, the mill produced cheap steel, which sold for a large profit in the growing markets of industrial development. Carnegie alone estimated that 40% was returned on the investment, i.e., a profit of $40,000 from a $100,000 investment in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Carnegie
Andrew Carnegie (, ; November 25, 1835August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history. He became a leading philanthropist in the United States, Great Britain, and the British Empire. During the last 18 years of his life, he gave away around $350 million (roughly $ billion in ), almost 90 percent of his fortune, to charities, foundations and universities. His 1889 article proclaiming " The Gospel of Wealth" called on the rich to use their wealth to improve society, expressed support for progressive taxation and an estate tax, and stimulated a wave of philanthropy. Carnegie was born in Dunfermline, Scotland, and emigrated to Pittsburgh with his parents in 1848 at age 12. Carnegie started work as a telegrapher, and by the 1860s had investments in railroads, railroad sleeping cars, bridges, and oil derricks. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partnership
A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. History Partnerships have a long history; they were already in use in medieval times in Europe and in the Middle East. According to a 2006 article, the first partnership was implemented in 1383 by Francesco di Marco Datini, a merchant of Prato and Florence. The Covoni company (1336-40) and the Del Buono-Bencivenni company (1336-40) have also been referred to as early partnerships, but they were not formal partnerships. In Europe, the partnerships contributed to the Commercial Revolution which started in the 13th centur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio River
The Ohio River is a long river in the United States. It is located at the boundary of the Midwestern and Southern United States, flowing southwesterly from western Pennsylvania to its mouth on the Mississippi River at the southern tip of Illinois. It is the third largest river by discharge volume in the United States and the largest tributary by volume of the north-south flowing Mississippi River that divides the eastern from western United States. It is also the 6th oldest river on the North American continent. The river flows through or along the border of six states, and its drainage basin includes parts of 14 states. Through its largest tributary, the Tennessee River, the basin includes several states of the southeastern U.S. It is the source of drinking water for five million people. The lower Ohio River just below Louisville is obstructed by rapids known as the Falls of the Ohio where the elevation falls in restricting larger commercial navigation, although in the 18th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucy Furnace
Lucy Furnace was a pair of blast furnaces in Pittsburgh, Pennsylvania, on the Allegheny River in Lawrenceville. The furnaces were part of the Carnegie Steel Company, with the first furnace erected in 1871 by brothers Andrew and Thomas M. Carnegie, Andrew Kloman and Henry Phipps Jr. This furnace was the first one built new by the Carnegies. In 1877 a second furnace, Lucy No. 2, was built at the same site. Lucy was named after co-owner Thomas M. Carnegie's wife. History Operation The furnace entered blast in summer 1872, at the same time as the Isabella Furnace. Over the decades that they operated, the two furnaces developed a fierce rivalry. Prior to their construction, blast furnaces in the United States did not exceed about 50 tons of iron yield per day, and the prevailing attitude of operators was to follow "rule of thumb" methods and not to attempt anything beyond the rated capacity. Lucy and Isabella began an era of scientific refinement of the process, of relentless experi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isabella Furnace (Carnegie Steel)
Isabella Furnace was a collection of blast furnaces built in 1872 in Etna, Pennsylvania, across the Allegheny River from Pittsburgh. The furnaces were built by Pittsburgh-area manufacturers (Lewis Dalzell & Co; J. Painter & Sons; Graff, Bennet & Co; Spang, Chalfant & Co; Henry Oliver of Oliver Brothers & Phillips; William Smith) who were dependent on pig iron. They incorporated as the Isabella Furnace Company and built two furnaces, later adding a third. The first two furnaces were 75 feet high, one with a capacity of 12,800 cubic feet and the other 14,000 cubic feet. They were built following the designs of modern English furnaces, among the first in the United States and among the largest at the time. Isabella Furnace Co. also built in Spring 1872 its 200-oven, 600-acre coke works for the furnace in Coketown (now Cokeville) near the terminus of the W.P.R.R., 60 miles to the East. Isabella Furnace was named after two women: Isabella Herron, the sister of one of the members of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carrie Furnace
Carrie Furnace is a former blast furnace located along the Monongahela River in the Pittsburgh area industrial town of Swissvale, Pennsylvania, and it had formed a part of the Homestead Steel Works. The Carrie Furnaces were built in 1884 and they operated until 1982. During its peak, the site produced 1,000 to 1,250 tons of iron per day. All that is left of the site are furnaces #6 and #7, which operated from 1907 to 1978, and its hot metal bridge (not to be confused with the Hot Metal Bridge farther downstream). The furnaces, designated a National Historic Landmark in 2006, are among the only pre-World War II 20th century blast furnaces to survive. The site is currently managed by the nonprofit Rivers of Steel Heritage Corporation, which conducts tours and other programs from May through October. History, topography, and environmental concerns The timeline below portrays the history of Carrie Furnace. Carrie Furnace is located along the Monongahela River, with 135 acres loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburgh
Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania behind Philadelphia, and the List of United States cities by population, 68th-largest city in the U.S. with a population of 302,971 as of the 2020 United States census, 2020 census. The city anchors the Pittsburgh metropolitan area of Western Pennsylvania; its population of 2.37 million is the largest in both the Ohio Valley and Appalachia, the Pennsylvania metropolitan areas, second-largest in Pennsylvania, and the List of metropolitan statistical areas, 27th-largest in the U.S. It is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistical area that extends into Ohio and West Virginia. Pitts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Steel Corporation
United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in several countries across Central Europe. It was the 8th largest steel producer in the world in 2008. By 2018, the company was the world's 38th-largest steel producer and the second-largest in the United States behind Nucor Corporation. Though renamed USX Corporation in 1986, the company was renamed United States Steel in 2001 after spinning off its energy business, including Marathon Oil, and other assets from its core steel concern. History Formation J. P. Morgan formed U.S. Steel on March 2, 1901 (incorporated on February 25), by financing the merger of Andrew Carnegie's Carnegie Steel Company with Elbert H. Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company for $492 million ($ billion today). At one time, U.S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
J&L Steel
The Jones and Laughlin Steel Corporation began as the American Iron Company, founded in 1852 by Bernard Lauth and Benjamin Franklin Jones, a few miles (c 4 km) south of Pittsburgh along the Monongahela River. Lauth's interest was bought in 1854 by James Laughlin. The first firm to bear the name of Jones and Laughlin was organized in 1861 and headquartered at Third & Ross in downtown Pittsburgh. History Originally producing only iron, the enterprise began the production of steel in 1886. Over the ensuing 60 years, the company expanded its facilities and its operations along both sides of the Monongahela River on the South Side of Pittsburgh and along the Ohio River at Aliquippa. The Hot Metal Bridge across the Monongahela River was built to connect Eliza blast furnaces (making pig iron) on the Hazelwood side of the river with the open hearth furnaces (making steel) on the south side of the river. In 1905, a new plant was begun at Aliquippa, Pennsylvania. The company als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Homestead Strike
The Homestead strike, also known as the Homestead steel strike, Homestead massacre, or Battle of Homestead, was an industrial lockout and strike that began on July 1, 1892, culminating in a battle in which strikers defeated private security agents on July 6, 1892. The governor responded by sending in the National Guard to protect strikebreakers. The dispute occurred at the Homestead Steel Works in the Pittsburgh-area town of Homestead, Pennsylvania, between the Amalgamated Association of Iron and Steel Workers (the AA) and the Carnegie Steel Company. The final result was a major defeat for the union strikers and a setback of decades for their efforts to unionize steelworkers. The battle was a pivotal event in U.S. labor history. Background Carnegie Steel made major technological innovations in the 1880s, especially the installation of the open-hearth system at Homestead in 1886. It now became possible to make steel suitable for structural beams and for armor plate for the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buggies (other)
Buggy may refer to: * Buggy (automobile) * Buggy (surname) * Dune buggy or beach buggy, a light, open recreational vehicle * Horse-drawn buggy * Kite buggy, a light, purpose-built vehicle powered by a traction kite * Shopping buggy or shopping cart * Buggy the Clown, an antagonist in ''One Piece'' * Baby carriage or buggy * Gravity racer or buggy, an unmotorised go-kart * Buggy, a class of off-road radio-controlled cars * Chief's buggy, a 19th-century horse-drawn fire chief's vehicle * Buggy, a U.S. nuclear test conducted under Operation Crosstie, and Operation Plowshare See also * Bug (other) * Buggie (other) * Bugsy (other) * Bogey (other) * Bogy (other) * Boogie (other) * Bougy (other) Bougy is a commune in Calvados, France. Bougy may also refer to: Places * Bougy-lez-Neuville, commune in Loire, France *Bougy-Villars, municipality in Vaud, Switzerland * Alfred de Bougy (1815-1874), French poet See also * Bogy (di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charging Machine
Charging may refer to: * Charging (ice hockey), when a player takes more than three steps before checking an opposing player * Battery charger, a device used to put energy into a rechargeable battery * Charging station, a device used for recharging the battery in an electric car * On a timesheet, claiming time worked under a specific task or project code * Sending an invoice An invoice, bill or tab is a commerce, commercial document issued by a sales, seller to a buyer relating to a sale transaction and indicating the product (business), products, quantities, and agreed-upon prices for products or Service (economic ... See also * Charge (other) * Charger (other) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
