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The elements of success

The elements of success

Chapter:
(p.150) (p.151) 4 The elements of success
Source:
Mastering Iron
Author(s):
Anne Kelly KnowlesChester Harvey
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226448619.003.0005

This chapter looks at two successful companies in the Mid-Atlantic region, where the British model of ironmaking was most swiftly and fully replicated. The Lehigh Crane Iron Company was the first American firm to prove the viability of making iron with anthracite, and for years was one of the largest producers in the United States. The managers of the Trenton Iron Company, one of the country’s first integrated operations, showed exceptional entrepreneurial drive. In both cases, collegial labor–management relations, locations along established transportation lines, relative proximity to both excellent raw materials and urban markets, and managers’ creative response to economic crisis all contributed to long-term success.

Keywords:   iron industry, American ironmaking, Lehigh Crane, Trenton Iron Company, labor-management relations

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