Search results
Results from the WOW.Com Content Network
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 operation, on both sides of the Cuyahoga River, is Cleveland's last remaining integrated steel mill, now owned by Cleveland Cliffs. In the Pittsburgh region, mill closures led to a regional unemployment rate that peaked at 17.1% in January 1983, with local unemployment rates as high as 27.1% in Beaver County . [ 12 ]
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. [3] 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 ...
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 ...
It was the first American company to solely manufacture acid open-hearth steel. Otis later founded American Wire Company, which became the American Steel and Wire Company, and was connected with the Standard Sewing Machine Company. He also founded the American Steel Screw Company, the Cleveland Electric Railway Company, and the Society for Savings.
The stock is also trading higher in sympathy with the price of iron ore. Cleveland-Cliffs is set to acquire FPT for a total enterprise value of approximately $775 million. “Cleveland-Cliffs is ...
Science & Tech. Shopping. Sports
United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited ...