Incorporation of U.S. Steel

Date: February 5, 1901 • Location: Country Lake Estates, United States

J. P. Morgan incorporates U.S. Steel in the state of New Jersey, although the company would not start doing business until February 25 and the assets of Andrew Carnegie's Carnegie Steel Company, Elbert H. Gary's Federal Steel Company, and William Henry Moore's National Steel Company were not acquired until April 1.

John Pierpont Morgan Sr. was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era. As the head of the banking firm that ultimately became known as JPMorgan Chase & Co., he was the driving force behind a wave of industrial consolidations in the United States at the turn of the twentieth century.