A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 1 : Trusts > Steel Kings > Illinois Steel Co  :     Previous  1 - 2 - 3 - 4 - 5 - 6 - 7  Next

 Consolidations : Illinois Steel Company 

Page entitled : Orrin Potter and Illinois Steel Company

Content of this page is about :
How Orrin W. Potter became the president of Illinois Steel Company, integrated the various plants by connecting it through a railroad system but failed to make profits

Extract :
... Orrin W. Potter, the former president of the North Chicago Rolling Mill Co, assumed the presidency of Illinois Steel and immediately began to reorganize the group, notably by improving logistics in view of a better utilization of its capacities. With four Bessemer steel plants, an iron rolling mill, fourteen  ...

 

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