Tennessee Coal, Iron and Railroad Company | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-03

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Tennessee_Coal,_Iron_and_Railroad_Company


00:01:03 1 History
00:01:12 1.1 Early history
00:04:34 1.2 From forced labor to paternalism
00:05:51 1.3 Listing on the Dow Jones Index and merger with U. S. Steel
00:08:33 1.4 U. S. Steel
00:11:07 2 Current operations



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SUMMARY
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The Tennessee Coal, Iron and Railroad Company (1852–1952), also known as TCI and the Tennessee Company, was a major American steel manufacturer with interests in coal and iron ore mining and railroad operations. Originally based entirely within Tennessee, it relocated most of its business to Alabama in the late nineteenth century. With a sizable real estate portfolio, the company owned several Birmingham satellite towns, including Ensley, Fairfield, Docena, Edgewater and Bayview.
At one time the second largest steel producer in the USA, TCI was listed on the first Dow Jones Industrial Average in 1896. However, in 1907, the company was merged with its principal rival, the United States Steel Corporation. The Tennessee Coal, Iron and Railroad Company was subsequently operated as a subsidiary of U. S. Steel for 45 years until it became a division of its parent company in 1952.