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Richards was in charge of the design and construction of the new plant at Eston, the Cleveland Steel Works. It had three coke fired haematite blast furnaces. Richards' work helped to improve the Bessemer process for making steel, in the case when the ore is rich in phosphorus, and an alkaline rock (dolomite, limestone or magnesite) is used.
In 1864, Bolckow, Vaughan and Company Ltd was registered with capital of £2,500,000, making it the largest company ever formed up to that time. [ 5 ] [ 6 ] By that time, the company's assets included iron mines , collieries , and limestone quarries in Cleveland , County Durham and Weardale respectively, and had iron and steel works extending ...
Henry Chisholm (April 22, 1822 – May 9, 1881) was a Scottish American businessman and steel industry executive during the Gilded Age in the United States. A resident of Cleveland, Ohio, he purchased a small, struggling iron foundry which became the Cleveland Rolling Mill, one of the largest steel firms in the nation.
The former Cleveland Iron Mining Co. was a survivor of this shakeout, purchasing many of its competitors. One key merger in 1890, with Jeptha Wade's Cliffs Iron Company led the combined firm to change its name to the Cleveland-Cliffs Iron Company. [8] The company invested substantially to improve the logistics of iron-ore transport.
The company reached its peak in the late 1890s, at which point it had become a major integrated producer of pig iron, Bessemer steel, and steel products, employing a workforce of over 8,000 people. [1] In 1899 the Cleveland Rolling Mill Company was absorbed into the American Steel and Wire Company of New Jersey, which was in turn merged into J ...
Cleveland-Cliffs announced Monday its Middletown Works steel production complex is in the running to receive up to $500 million in federal funding to build three new plants to reduce carbon emissions.
Steel plate engraving of George Worthington c. 1860. George Worthington (September 21, 1813 – November 9, 1871) was a 19th-century merchant and banker in Cleveland, Ohio, who founded the Geo. Worthington Company, a wholesale hardware and industrial distribution firm, in 1829 (until 1991 Cleveland's oldest extant business), as well as numerous banking and mining concerns, and contributed to ...
The principal stockholder of Republic was Cyrus Eaton, a well-known financier who made a fortune, in part, through Republic Steel. [1] With the combination of these two companies with Republic Steel Corporation, Republic became the third largest steel company in the United States after U.S. Steel Company and the Bethlehem Steel Company. [1]