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The Chicago metropolitan area – also known as "Chicagoland" – is the metropolitan area associated with the city of Chicago, Illinois, and its suburbs. [2] With an estimated population of 9.4 million people, [ 3 ] it is the third largest metropolitan area in the United States [ 4 ] and the region most connected to the city through geographic ...
In 1982, T. Boone Pickens, founder of Mesa Petroleum, offered to buy Cities Service Company.Citgo responded by offering to buy Mesa, [12] which was the first use of what became known as the Pac-Man take-over defense; i.e., a counter-tender offer initiated by a takeover target.
A. Finkl & Sons Steel operated a mill along a roughly 22-acre lot along the eastern portion of the Chicago River in the Lincoln Park neighborhood from 1902 until it was demolished in 2012. [2] The Lincoln Park location was Chicago's oldest steel mill. [3] In 2006, it bought the site of the former Verson Steel on Chicago's South Side. [4]
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Downsizing and plant closures continued into the 1990s and 2000s, and the US Dept of Commerce estimates that today fewer than 25,000 people are employed in the steel industry in the Chicago–Joliet–Naperville, IL–IN–WI Metropolitan Statistical Area (18,000 of whom are actually in Northwest Indiana.
The "Continental Oil and Transportation Company" was founded by Isaac Elder Blake in November 1875. [9] [10] Based in Ogden, Utah, the company distributed the recently discovered mineral resources of petroleum / oil (first found in August 1859 by Edwin Drake (1819–1880), in a well drilled at Oil Creek, near Titusville, (Crawford County), in the far northwestern corner of Pennsylvania) and ...
Mars Wrigley is closing a nearly century-old chocolate plant on Chicago’s West Side once hailed as the most beautiful candy factory in America. Built in a Spanish-style architecture in 1928, the ...
ExxonMobil is mostly composed of the Standard Oil Company of New Jersey (Jersey Standard) and the Standard Oil Company of New York (Socony). The two companies partnered on a semi-frequent basis during their infancy before pursuing mergers and acquisitions, with Jersey Standard buying Texas-based Humble Oil and Socony merging with Standard descendant Vacuum Oil to form Socony-Vacuum. [3]