George Lauder (industrialist)

George Lauder
BornNovember 11, 1837 (1837-11-11)
Dunfermline, Fife, Scotland
DiedAugust 24, 1924(1924-08-24) (aged 86)
Greenwich, Connecticut, United States
Resting placePutnam Cemetery
Other namesDod
Alma materUniversity of Glasgow
Occupation(s)Industrialist
Mechanical Engineer
Known forRevolutionizing the steel industry as a partner at Carnegie Steel
SpouseAnna Maria Romeyn Varick
Children3
Parents
FamilyLauder Greenway Family

George Lauder Jr. (November 11, 1837 – August 24, 1924) was a Scottish-American industrialist. A trained mechanical engineer, Lauder was responsible for many of the technical advancements made in the steel industry during the Industrial Revolution including updates to both the Bessemer Process and coal washing machinery while also leading the use of steel in arms and defense.

Lauder was the first cousin and so-called "cousin-brother" of steel magnate Andrew Carnegie and his partner in the Carnegie Steel Company.[1] He received proceeds from the sale in secure 5% gold mortgage bonds at 1.5 par value. Lauders fortune was later valued around $50 million (almost $2 Billion today).The sale of Carnegie Steel to J.P. Morgan in 1901 created U.S. Steel where Lauder sat on the board of directors.[2][3]

  1. ^ Skrabek, Quentin R. (2012). The Carnegie Boys: The Lieutenants of Andrew Carnegie that Changed America. Jefferson, NC: McFarland & Company, Inc. p. 22. ISBN 978-0-7864-6455-5.
  2. ^ Cite error: The named reference Breeze was invoked but never defined (see the help page).
  3. ^ Cavanaugh, Jack (April 15, 2008). "Polly Lauder Tunney, 100, Fighter's Widow, Dies". The New York Times.