industry

Andrew Carnegie – Steel Tycoon and Philanthropist

Andrew Carnegie – Steel Tycoon and Philanthropist

On November 25, 1835, Scottish-American industrialist and philanthropist Andrew Carnegie was born. He led the enormous expansion of the American steel industry in the late 19th century and was also one of the highest profile philanthropists of his era. “Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.” — Andrew Carnegie, he Best Fields for Philanthropy, 1889 Early Life and Emigration…
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Christopher Polhem anticipating the Industrial Revolution

Christopher Polhem anticipating the Industrial Revolution

On December 18, 1661, Swedish scientist, inventor, and industrialist Christopher Polhem was born. He made significant contributions to the economic and industrial development of Sweden, particularly mining. He notable introduced a division of labour among manufacturing tasks, centuries before the production line methods pioneered by Henry Ford. Christopher Polhem’s career began at a farm in Uppland, where he lived after being orphaned. He soon became a supervisor at a farm in Södermanland…
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