Pickands, Mather & Company (Cleveland, Ohio)
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Pickands, Mather & Company (Cleveland, Ohio)
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Pickands, Mather & Company (Cleveland, Ohio)
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Biographical History
Pickands, Mather and Company was a Cleveland, Ohio-based mining and shipping firm; a major supplier of iron ore and coal to the steel industry, with one of the largest fleets of freight carriers on the Great Lakes. It originated with founders Samuel Mather, Jay Morse, and James S. Pickands in 1883. To meet its ore transport demands, the firm formed the Interlake Steamship Company in 1913, which became the second largest fleet on the Great Lakes. By the 1920s, the company was the one of the largest producers of iron ore in the U.S. In 1929 a subsidiary, the Interlake Iron Corporation, was formed. Pickands, Mather also had heavy investments in the Youngstown Sheet & Tube Company. In 1973, Pickands, Mather and Company became part of Moore McCormack Resources, Inc. Moore McCormack sold its Pickands, Mather stock to Cleveland-Cliffs Inc. in 1986.
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Subjects
Coal mines and mining
Industry
Iron industry and trade
Iron mines and mining
Shipping
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Ohio--Cleveland
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Great Lakes (North America)
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United States
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