.svg) | |
| Formerly | Pickands Mather & Company |
|---|---|
| Company type | Subsidiary |
| Industry | Rail, truck, and freighter and barge transportation of coal and bulk commodities; Purchasing, sales, and marketing of coal |
| Founded | 1883 in Cleveland, Ohio, U.S. |
| Founders | James Pickands, Samuel Mather, and Jay C. Morse |
| Headquarters | , United States |
Area served | Great Lakes region of the United States and Canada |
| Parent | Privately held company |
| Website | pickandsmather.com |
The Pickands Mather Group is an American company which provides shipping of coal and other bulk commodities, and the purchase, sale, and marketing of bulk coal. Founded in 1883 as Pickands Mather & Company, it once had the second largest shipping fleet on the Great Lakes in the 1910s and 1920s. The company was purchased by the Diamond Shamrock Corporation in 1968, which in turn sold it to the Moore-McCormack Resources in 1973. Moore-McCormack sold Pickands Mather's mining interests to Cleveland-Cliffs in 1986. Moore-McCormack then spun off the Interlake Steamship Company to James Barker (former CEO of Moore-McCormack) and Paul R. Tregurtha (former CFO of Moore-McCormack) in 1987. Pickands Mather was sold to a management group in 1992, and continues to operate as a private company.