Historical Events tagged with "capitalization"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Formation of Carnegie Steel Company
March 24th, 1900 124 years ago
The Carnegie Steel Company was formed in New Jersey with a groundbreaking capitalization of $160 million, marking it as the largest company of its kind to date. Founded by Andrew Carnegie, the company focused on steel production during an era of booming industrialization in the United States. This significant financial commitment underscored the vital role steel would play in modern construction, infrastructure, and industry, setting the stage for Carnegie's future dominance in the sector.
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