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Blast furnaces and iron ore at the Carnegie-Illinois Steel Corporation mills in 1941. 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 Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America (McFarland, 2012). Temin, Peter. Iron and Steel in Nineteenth-Century America, An Economic Inquiry (1964) Wall, Joseph Frazier. Andrew Carnegie (1989). ISBN 0-8229-5904-6. Warren, Kenneth, Big Steel: The First Century of the United States Steel Corporation, 1901–2001.
Andrew Carnegie was born to Margaret (Morrison) Carnegie and William Carnegie in Dunfermline, Scotland, [9] in a typical weaver's cottage with only one main room. It consisted of half the ground floor, which was shared with the neighboring weaver's family. [ 10 ]
What eventually became the largest corporation in the world was created by J.P. Morgan and others who financed the merger of Andrew Carnegie's Carnegie Steel Co. with rival Federal Steel at the ...
The new plant was a model of industrial efficiency for the time: it was well lit and ventilated, employed conveyors to move parts along an assembly line, and workers' stations were orderly arranged along the line. The efficiency of the assembly line allowed Ford to realize great gains in economy and productivity; in 1912, Ford sold 6,000 cars ...
The Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America (McFarland, 2012). Seely, Bruce E., ed The Iron and Steel Industry in the 20th Century (1994) (Encyclopedia of American Business History and Biography) Temin, Peter. Iron and Steel in Nineteenth-Century America, An Economic Inquiry (1964) Wall, Joseph Frazier. Andrew ...
The company developed in the nineteenth century as an extensive plant served by tributary coal and iron fields, a railway 425 miles (684 km) long, and a line of lake steamships. The works was also the site of one of the more serious labor disputes in U.S. history, which became known as the Homestead strike of 1892.
The first billion-dollar corporation was United States Steel, formed by financier J. P. Morgan in 1901, who purchased and consolidated steel firms built by Andrew Carnegie and others. [101] Increased mechanization of industry and improvements to worker efficiency, increased the productivity of factories while undercutting the need for skilled ...