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Author: Peter Warrian
Publisher: Business Expert Press
ISBN: 160649418X
Category : Business & Economics
Languages : en
Pages : 155
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Book Description
Steel companies were at the birth of the modern business corporation. The first billion dollar corporation ever formed was U.S. Steel in 1901. By the mid-twentieth century the steel mill and the automobile plant were the two pillars upon which the twentieth century industrial economy rested. Given the scale of capital and operations, vertical integration was seen to be pivotal, from the raw materials of iron ore and coal on one end of the supply chain to the myriad of finished products on the other. By the end of the twentieth century, however, things had dramatically changed. Take a look inside for a brilliant and concise history of the steel industry. The author has put together a true presentation of the economics of the industry, with an overview of how the industry operates and the environment in which it operates. This book includes a detailed discussion of the regulation of the industry; a documentation of the reasons why a rejuvenated steel industry will be critical to the economic health of the United States and Canada; and a rationale for the reemergence of the steel industry in particular, and manufacturing in general, as a vital force in the North American economy of the new millennium. It was widely perceived that the United States was moving from an industrial age into an information age, driven by high technology. That process is now being reversed. The steel industry has continuously been forced to remake itself, and this book describes those developments and dynamics.
Author: Peter Warrian
Publisher: Business Expert Press
ISBN: 160649418X
Category : Business & Economics
Languages : en
Pages : 155
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Book Description
Steel companies were at the birth of the modern business corporation. The first billion dollar corporation ever formed was U.S. Steel in 1901. By the mid-twentieth century the steel mill and the automobile plant were the two pillars upon which the twentieth century industrial economy rested. Given the scale of capital and operations, vertical integration was seen to be pivotal, from the raw materials of iron ore and coal on one end of the supply chain to the myriad of finished products on the other. By the end of the twentieth century, however, things had dramatically changed. Take a look inside for a brilliant and concise history of the steel industry. The author has put together a true presentation of the economics of the industry, with an overview of how the industry operates and the environment in which it operates. This book includes a detailed discussion of the regulation of the industry; a documentation of the reasons why a rejuvenated steel industry will be critical to the economic health of the United States and Canada; and a rationale for the reemergence of the steel industry in particular, and manufacturing in general, as a vital force in the North American economy of the new millennium. It was widely perceived that the United States was moving from an industrial age into an information age, driven by high technology. That process is now being reversed. The steel industry has continuously been forced to remake itself, and this book describes those developments and dynamics.
Author: John Hoerr
Publisher: University of Pittsburgh Press
ISBN: 082299111X
Category : History
Languages : en
Pages : 737
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Book Description
• Choice 1988 Outstanding Academic Book • Named one of the Best Business Books of 1988 by USA TodayA veteran reporter of American labor analyzes the spectacular and tragic collapse of the steel industry in the 1980s. John Hoerr's account of these events stretches from the industrywide barganing failures of 1982 to the crippling work stoppage at USX (U.S. Steel) in 1986-87. He interviewed scores of steelworkers, company managers at all levels, and union officials, and was present at many of the crucial events he describes. Using historical flashbacks to the origins of the steel industry, particularly in the Monongahela Valley of southwestern Pennsylvania, he shows how an obsolete and adversarial relationship between management and labor made it impossible for the industry to adapt to shattering changes in the global economy.
Author: John Andrews Fitch
Publisher:
ISBN:
Category : Iron and steel workers
Languages : en
Pages : 478
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Book Description
Author: Kristen Rajczak Nelson
Publisher: The Rosen Publishing Group, Inc
ISBN: 1499421184
Category : Juvenile Nonfiction
Languages : en
Pages : 32
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Book Description
Andrew Carnegie may be one of the most famous names in American history, and his story is nothing short of an inspiration. An immigrant born in Scotland, Carnegie immigrated to the U.S. and became one of the richest industrialists of his day. This biographical text explores Carnegie’s fascinating life and his contributions to the steel industry. Through age-appropriate language and historical photos, readers learn how Carnegie’s entrepreneurial spirit and philanthropic nature helped shaped nineteenth-century American industry and the spirit that came to define it. A timeline and primary sources complete this comprehensive learning experience.
Author: Kenneth Warren
Publisher: University of Pittsburgh Pre
ISBN: 0822970597
Category : History
Languages : en
Pages : 425
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Book Description
At its formation in 1901, the United States Steel Corporation was the earth's biggest industrial corporation, a wonder of the manufacturing world. Immediately it produced two thirds of America's raw steel and thirty percent of the steel made worldwide. The behemoth company would go on to support the manufacturing superstructure of practically every other industry in America. It would create and sustain the economies of many industrial communities, especially Pittsburgh, employing more than a million people over the course of the century. A hundred years later, the U.S. Steel Group of USX makes scarcely ten percent of the steel in the United States and just over one and a half percent of global output. Far from the biggest, the company is now considered the most efficient steel producer in the world. What happened between then and now, and why, is the subject of Big Steel, the first comprehensive history of the company at the center of America's twentieth-century industrial life.Granted privileged and unprecedented access to the U.S. Steel archives, Kenneth Warren has sifted through a long, complex business history to tell a compelling story. Its preeminent size was supposed to confer many advantages to U.S. Steel—economies of scale, monopolies of talent, etc. Yet in practice, many of those advantages proved illusory. Warren shows how, even in its early years, the company was out-maneuvered by smaller competitors and how, over the century, U.S. Steel's share of the industry, by every measure, steadily declined. Warren's subtle analysis of years of internal decision making reveals that the company's size and clumsy hierarchical structure made it uniquely difficult to direct and manage. He profiles the chairmen who grappled with this "lumbering giant," paying particular attention to those who long ago created its enduring corporate culture—Charles M. Schwab, Elbert H. Gary, and Myron C. Taylor.Warren points to the way U.S. Steel's dominating size exposed it to public scrutiny and government oversight—a cautionary force. He analyzes the ways that labor relations affected company management and strategy. And he demonstrates how U.S. Steel suffered gradually, steadily, from its paradoxical ability to make high profits while failing to keep pace with the best practices. Only after the drastic pruning late in the century—when U.S. Steel reduced its capacity by two-thirds—did the company become a world leader in steel-making efficiency, rather than merely in size. These lessons, drawn from the history of an extraordinary company, will enrich the scholarship of industry and inform the practice of business in the twenty-first century.
Author: Dale Richard Perelman
Publisher: Arcadia Publishing
ISBN: 1439660042
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
A lively portrait of the “Steel City” and its millionaires and workers during the late nineteenth century. Steel portrays the growth of iron and steel in smoke-filled Pittsburgh during America’s industrial age, and what it meant for the people who lived there. This history shares the fast-paced saga of millionaire barons Andrew Carnegie, Ben Franklin Jones, Henry Clay Frick, Henry Phipps, and Charles Schwab, who often plotted and schemed against each other—as well as the story of the underpaid and undervalued immigrant workforce whose desire to unionize united their bosses against them. Here, author Dale Richard Perelman recounts this dramatic struggle and the bloody battles it spawned throughout Western Pennsylvania’s plants, mines, and railroad yards.
Author: Paul A. Tiffany
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 518
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Book Description
'Tiffany shows that American decision makers who ignore the past are likely to jeopardize America's future. So persuasive is his account of the historical antagonism between steel management, labor and government that advocates of industrial policy will have to reconsider the premise of cooperation on which it is based.
Author: Duncan Lyall Burn
Publisher: CUP Archive
ISBN:
Category : Steel industry and trade
Languages : en
Pages : 754
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Book Description
Author: Thomas J. Misa
Publisher: JHU Press
ISBN: 9780801860522
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
From the age of railroads through the building of the first battleships, from the first skyscrapers to the dawning of the age of the automobile, steelmakers proved central to American industry, building, and transportation. In A Nation of Steel Thomas Misa explores the complex interactions between steelmaking and the rise of the industries that have characterized modern America. A Nation of Steel offers a detailed and fascinating look at an industry that has had a profound impact on American life.
Author:
Publisher: M.E. Sharpe
ISBN: 9780765619709
Category :
Languages : en
Pages : 232
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Book Description
