HOMESTEAD STEEL WORKS
His next enterprise was the purchase of the Homestead Steel Works,—his great rival in Pittsburg. In 1888, he had built or acquired seven distinct iron and steel works, all of which are now included in the Carnegie Steel Company, Limited. All the plants of this great firm are within a radius of five miles of Pittsburg. Probably in no other part of the world can be found such an aggregation of splendidly equipped steel works as those controlled by this association. It now comprises the Homestead Steel Works, the Edgar Thompson Steel Works and Furnaces, the Duquesne Steel Works and Furnaces, all within two miles of one another; the Lucy Furnaces, the Keystone Bridge Works, the Upper Union Rolling Mills, and the Lower Union Rolling Mills.
In all branches, including the great coke works, mines, etc., there are employed twenty-five thousand men. The monthly pay roll exceeds one million, one hundred and twenty-five thousand dollars, or nearly fifty thousand dollars for each working day. Including the Frick Coke Company, the united capital of the Carnegie Steel Company exceeds sixty million dollars.