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Pickands, Mather And Company
The Pickands Mather Group is an American company which provides shipping of coal and other bulk commodities, and the purchase, sale, and marketing of bulk coal. Founded in 1883 as Pickands Mather & Company, it once had the second largest shipping fleet on the Great Lakes in the 1910s and 1920s. The company was purchased by the Diamond Shamrock Corporation in 1968, which in turn sold it to the Moore-McCormack Resources in 1973. Moore-McCormack sold Pickands Mather's mining interests to Cleveland-Cliffs in 1986. Moore-McCormack then spun off the Interlake Steamship Company to James Barker (former CEO of Moore-McCormack) and Paul R. Tregurtha (former CFO of Moore-McCormack) in 1987. Pickands Mather was sold to a management group in 1992, and continues to operate as a private company. History Pickands Mather and Company was formed in 1883 by James Pickands, Samuel Mather, and Jay C. Morse. Pickands had risen to the rank of colonel in the 124th Ohio Volunteer Infantry during the A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cleveland-Cliffs Inc
Cleveland-Cliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flat-rolled steel producer in North America. Operations Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in Direct Reduced Iron (DRI) applications. Since the mines are located near the Great Lakes, the majority of the pellets are transported by rail to loading ports for shipments via vessel to steelmakers in North America. During 2020, 2019 and 2018, the company sold 12 million, 19 million and 21 million long tons of iron ore product, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amasa Stone
Amasa Stone, Jr. (April 27, 1818 – May 11, 1883) was an American industrialist who is best remembered for having created a regional railroad empire centered in the U.S. state of Ohio from 1860 to 1883. He gained fame in New England in the 1840s for building hundreds of bridges, most of them Howe truss bridges (the patent for which he had licensed from its inventor). After moving into railroad construction in 1848, Stone moved to Cleveland, Ohio, in 1850. Within four years he was a director of the Cleveland, Columbus and Cincinnati Railroad and the Cleveland, Painesville and Ashtabula Railroad. The latter merged with the Lake Shore and Michigan Southern Railway, of which Stone was appointed director. Stone was also a director or president of numerous railroads in Ohio, New York, Pennsylvania, Indiana, Illinois, Iowa, and Michigan. Stone played a critical role in helping the Standard Oil company form its monopoly, and he was a major force in the Cleveland banking, steel, and iro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Magnate
A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or services are widely consumed. Such individuals have been known by different terms throughout history, such as industrialists, robber barons, captains of industry, czars, moguls, oligarchs, plutocrats, or taipans. Etymology The term '' magnate'' derives from the Latin word ''magnates'' (plural of ''magnas''), meaning "great man" or "great nobleman". The term ''mogul'' is an English corruption of ''mughal'', Persian or Arabic for "Mongol". It alludes to emperors of the Mughal Empire in Medieval India, who possessed great power and storied riches capable of producing wonders of opulence such as the Taj Mahal. The term ''tycoon'' derives from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samuel Livingston Mather
Samuel Livingston Mather (July 13, 1851 – October 18, 1931) was an American industrialist and philanthropist from Cleveland, Ohio. He co-founded Pickands Mather and Company, a shipping and iron mining company which dominated these two Great Lakes industries from 1900 to 1960. For many years Mather was that city's richest citizen and a major philanthropist, contributing more than US$7 million to community-based organizations in the city. Life and career Samuel Livingston Mather was born July 13, 1851, in Cleveland, Ohio, to Samuel and Georgiana Pomeroy ( Woolson) Mather. He was a descendant of Rev. Richard Mather, an Englishman who emigrated to North America in 1635. His ancestors were Samuel Mather, Cotton Mather, and Increase Mather. His grandfather Samuel Mather, Jr. (1745-1809 ) was one of the original founders and shareholders in the Connecticut Land Company, which bought the Connecticut Western Reserve (which constituted what later became northern Ohio) in 1792. His fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cliffs Natural Resources
Cleveland-Cliffs Inc., formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flat-rolled steel producer in North America. Operations Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in Direct Reduced Iron (DRI) applications. Since the mines are located near the Great Lakes, the majority of the pellets are transported by rail to loading ports for shipments via vessel to steelmakers in North America. During 2020, 2019 and 2018, the company sold 12 million, 19 million and 21 million long tons of iron ore product, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hardware Store
Hardware stores (in a number of countries, "shops"), sometimes known as DIY stores, sell household hardware for home improvement including: fasteners, building materials, hand tools, power tools, keys, locks, hinges, chains, plumbing supplies, electrical supplies, cleaning products, housewares, tools, utensils, paint, and lawn and garden products directly to consumers for use at home or for business. Many hardware stores have specialty departments unique to its region or its owner's interests. These departments include hunting and fishing supplies, plants and nursery products, marine and boating supplies, pet food and supplies, farm and ranch supplies including animal feed, swimming pool chemicals, homebrewing supplies and canning supplies. The five largest hardware retailers in the world are The Home Depot, Lowe's (both in the United States), Kingfisher of the United Kingdom, Obi of Germany, and Leroy Merlin of France. United States Larger hardware stores may sell sma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marquette, Michigan
Marquette ( ) is a city in Marquette County in the U.S. state of Michigan. The population was 20,629 at the 2020 United States Census, which makes it the largest city in the Upper Peninsula. Marquette serves as the seat of government of Marquette County. Located on the shores of Lake Superior, the city is a major port, known primarily for shipping iron ore. The city is partially surrounded by Marquette Charter Township, but the two are administered autonomously. Marquette is the home of Northern Michigan University. History The land around Marquette was known to French missionaries of the early 17th century and the trappers of the early 19th century. Development of the area did not begin until 1844, when William Burt and Jacob Houghton (the brother of geologist Douglass Houghton) discovered iron deposits near Teal Lake west of Marquette. In 1845, Jackson Mining Company, the first organized mining company in the region, was formed. The village of Marquette began on Septemb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
124th Ohio Infantry
The 124th Ohio Infantry Regiment, sometimes 124th Regiment, Ohio Volunteer Infantry (or 124th OVI) was an infantry regiment in the Union Army during the American Civil War. Service The 124th Ohio Infantry was organized in Cleveland, Ohio, and mustered in for three years service on January 1, 1863, under the command of Colonel Oliver Hazard Payne. The regiment was attached to District of Western Kentucky, Department of the Ohio, to February 1863. Franklin, Tennessee, Army of Kentucky, Department of the Cumberland, to June 1863. 2nd Brigade, 2nd Division, XXI Corps, Army of the Cumberland, to October 1863. 2nd Brigade, 3rd Division, IV Corps, Army of the Cumberland, to June 1865. The 124th Ohio Infantry mustered out of service at Nashville, Tennessee, on July 9, 1865. Detailed service Left Ohio for Louisville, Ky., January 1; then moved to Elizabethtown, Ky., and duty there until February 10, 1863. Moved to Nashville, Tenn., February 10, 1863; then to Franklin February 21, and d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colonel (United States)
The colonel () in the United States Army, Marine Corps, Air Force and Space Force, is the most senior field-grade military officer rank, immediately above the rank of lieutenant colonel and just below the rank of brigadier general. Colonel is equivalent to the naval rank of captain in the other uniformed services. By law, an officer previously required at least 22 years of cumulative service and a minimum of three years as a lieutenant colonel before being promoted to colonel. With the signing of the National Defense Authorization Act of 2019 (NDAA 2019), military services now have the authorization to directly commission new officers up to the rank of colonel. The pay grade for colonel is O-6. When worn alone, the insignia of rank seen at right is worn centered on headgear and fatigue uniforms. When worn in pairs, the insignia is worn on the officer's left side while a mirror-image reverse version is worn on the right side, such that both of the eagles' heads face forwa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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