How Did Andrew Carnegie Contribute To The Steel Industry

Andrew Carnegie is a self made steel tycoon and one of the wealthiest 19th century u.s. businessmen donated towards the expansion of the New York Public Library. Also Andrew Carnegie was born on november 25 1835 in Dunfermline Scotland. And after moving to the united states he worked a series of railroad jobs by. 1889 he owned Carnegie steel corporation the largest of its kind in the world in 1901 he sold his business ands dedicated his time to expanding his philanthropic work. including the establishment of Carnegie mellon University in 1904. And at the age of 13 in 1848 Carnegie came to the United States with his family they settled in Allegheny Pennsylvania and Carnegie went to work in a factory earning $1.20 a week the next year he found …show more content…
He left the railroad in 1865 to focus on his other business interests including the Keystone Bridge Company. By the next decade most of Carnegie’s time was dedicated to the steel industry. His business which became known as the Carnegie Steel Company revolutionized steel production in the United States Carnegie built plants around the country using technology and methods that made manufacturing steel easier faster and more productive. For every step of the process he owned exactly what he needed the raw materials ships and railroads for transporting the goods and even coal fields to fuel the steel furnaces. This start to finish strategy helped Carnegie became to the dominant force in the industry and an exceedingly wealthy man. It made him known as one of America’s builders as his business helped to fuel the economy and shape the nation into what it is today. By 1889, Carnegie Steel Corporation was the largest of its kind in the world. Some felt that the need company’s success came at the expense of its workers The most notable case of this came in 1892. when the company tried to lower wages at a Carnegie Steel Plant in Homestead Pennsylvania the employees