Berwind Corporation
This article needs additional citations for verification. (November 2019) |
Berwind Corporation (also known as Berwind-White Coal Mining Company) is a large privately held American corporation historically involved in the coal industry. Today it is a diversified company involved in property leasing and ownership of unrelated businesses.
It began as a partnership of Edward Julius Berwind, Charles Berwind, and Congressman Allison White and upon White's death became known as Berwind White Company in 1886. The company was one of the largest producers of coal at the turn of the twentieth century and created several towns in West Virginia and Pennsylvania, including Windber, Pennsylvania and Berwind, West Virginia. It was a litigant in two U.S. Supreme Court decisions: Berwind-White Coal Mining Co. v. Chicago & Erie R. Co., 235 U.S. 371 (1914) and McGoldrick v. Berwind-White Coal Mining Co., 309 U.S. 33 (1940). In 1962 the family corporation moved from directly producing coal to leasing its properties and diversification into ownership of other businesses, including Protective Industries (including Caplugs and Mokon) and, CRC Industries. By 2007 the company's investments in real estate alone totaled over $3 billion.[1][2][3]
References[]
- ^ "Berwind: History". www.berwind.com. Retrieved 2016-05-09.
- ^ Goodell, Jeff (2007-04-03). Big Coal: The Dirty Secret Behind America's Energy Future. Houghton Mifflin Harcourt. pp. 29–31. ISBN 0547526628.
- ^ King, Moses (1893-01-01). Kings Handbook of New York City. M. King. pp. 946-47.
External links[]
- Berwind Corporation
- Privately held companies based in Pennsylvania
- Non-renewable resource companies established in 1886
- Coal companies of the United States
- Real estate companies established in 1962
- Companies based in Philadelphia