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2024-04-18 11:19:33
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Sheavy
Location: Hoover, Alabama Gender: Male Total Likes: 569 likes
| | | Goodbye, TCI < on 10/6/2019 12:20 AM > | Reply with Quote
| | | Thought it might be neat to make a little thread for everyone to share their pics of the TCI Ensley Steel Works since it's been demolished. A Brief cliff notes history on the Ensley Steel Works, stolen pieced together from various wikis. The town of Ensley was founded by the Tennessee Coal, Iron and Railroad Company in 1886, and became the site for their largest plant, the Ensley Steel Works. The plant started in 1888 with 4 furnaces, with two more being added, one in 1900 and another in 1905. The Ensley Steel Works was the site of many firsts in the steel making industry in the United States, including the first plant to produce duplex steel, the first plant to utilize tilting open hearths, and the first blast furnaces in the Southeast region to produce basic iron on a large scale. In October-November 1907 TCI Ensley Steel Works would be involved in the '1907 Bankers Panic', a panic stemming from a failed scheme to corner the market on stock involving the United Copper Company, resulting in bank and trust runs that spread through the country, and eventually causing the New York Stock Exchange to nearly collapse. The panic had mostly subsided by November, thanks in part to actions taken by several New York bankers including J.P. Morgan. However on Saturday Nov 2 one of the Stock Exchanges largest brokerage firms, Moore and Schley, was heavily in debt and about to collapse. Moore and Schley had been borrowing heavily using shares of TCI as collateral. On Monday, most banks would call the loans of Moore and Schley causing a liquidation of their stocks, which would cause TCI's shares to plummet, destroying Moore and Schley and causing another panic. This panic would end up being averted by J.P. Morgan's US Steel Company negotiating to buy TCI for 90 dollars a share, saving Moore and Schley and averting more trust runs. TCI would continue to operate as a subsidiary until 1952 when it became fully incorporated into US Steel. In 1910 plans to create another plant and company town to the west of Ensley were started, beginning with the town of Corey, which would later be renamed to Fairfield. The works would be completed and opened in 1917. The Ensley Works would continue on together with the Works in Fairfield throughout the next few decades, seeing expansion and growth during the two world wars. By 1962 however, many of the mines in the Birmingham area had closed, being replaced by cheaper alternatives from out of country. The Fairfield Works newer steel making processes had also by this time started to supplant the open hearths at the Ensley Works. These things eventually led to the slow consolidation of the Ensley and Fairfield works. This started in 1975 with the closing of the open hearths at Ensley. Throughout the latter half of the 70's and early 80's various sections of the Ensley Works would be halted and by 1984 all activity had ceased. Historical photos stolen taken from various sites. In operation. Abandoned from the 80s and 90s. https://www.moma.o...ction/works/116848 My shots, from 2010-2019, consists of various film types and digital. 1. Untitled by Abandoned Alabama, on Flickr 2. Untitled by Abandoned Alabama, on Flickr 3. Untitled by Abandoned Alabama, on Flickr 4. Untitled by Abandoned Alabama, on Flickr 5. Untitled by Abandoned Alabama, on Flickr 6. Untitled by Abandoned Alabama, on Flickr 7. Untitled by Abandoned Alabama, on Flickr 8. Untitled by Abandoned Alabama, on Flickr 9. Untitled by Abandoned Alabama, on Flickr 10. Untitled by Abandoned Alabama, on Flickr 11. Untitled by Abandoned Alabama, on Flickr 12. Untitled by Abandoned Alabama, on Flickr 13. Untitled by Abandoned Alabama, on Flickr 14. Untitled by Abandoned Alabama, on Flickr 15. Untitled by Abandoned Alabama, on Flickr 16. Untitled by Abandoned Alabama, on Flickr 17. Untitled by Abandoned Alabama, on Flickr 18. Untitled by Abandoned Alabama, on Flickr 19. Untitled by Abandoned Alabama, on Flickr 20. Untitled by Abandoned Alabama, on Flickr 21. Untitled by Abandoned Alabama, on Flickr 22. Untitled by Abandoned Alabama, on Flickr 23. Untitled by Abandoned Alabama, on Flickr 24. Untitled by Abandoned Alabama, on Flickr 25. Untitled by Abandoned Alabama, on Flickr 26. Untitled by Abandoned Alabama, on Flickr 27. Untitled by Abandoned Alabama, on Flickr 28. Untitled by Abandoned Alabama, on Flickr 29. Untitled by Abandoned Alabama, on Flickr 30. Untitled by Abandoned Alabama, on Flickr 31. Untitled by Abandoned Alabama, on Flickr 32. Untitled by Abandoned Alabama, on Flickr 33. Untitled by Abandoned Alabama, on Flickr 34. Untitled by Abandoned Alabama, on Flickr 35. Untitled by Abandoned Alabama, on Flickr 36. Untitled by Abandoned Alabama, on Flickr 37. Untitled by Abandoned Alabama, on Flickr 38. Untitled by Abandoned Alabama, on Flickr 39. Untitled by Abandoned Alabama, on Flickr Thanks for looking! SHOW ME YOUR SHOTS
[last edit 10/6/2019 12:23 AM by Sheavy - edited 1 times]
| Purveyor of Sinister Whimsy to the Wretched |
| VBJag
Location: Oklahoma Gender: Male Total Likes: 28 likes
| | | | Re: Goodbye, TCI < Reply # 12 on 10/13/2019 8:55 AM > | Reply with Quote
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