John Roach & Sons [SEP] industry
John Roach &amp; Sons
John Roach & Sons was a major 19th-century American shipbuilding and manufacturing firm founded in 1864 by Irish-American immigrant John Roach. Between 1871 and 1885, the company was the largest shipbuilding firm in the United States, building more iron ships than its next two major competitors combined. It was also by far the largest contractor to the U.S. Navy during this period, and at its peak is said to have been the nation's largest employer behind the railroads.
Overview.
John Roach & Sons one of the first large companies in the United States to adopt the vertical integration model.
History Organization and structure.
The Chester Rolling Mill was incorporated with a capital of $300,000 on March 10, 1875 by John Roach and a number of partners including Roach's sons John B. and Garrett, and local Chester business identities John Q. Denny and Charles B. and David Houston. The elder Roach became President of the new company, and Charles and David Houston were made general manager and paymaster respectively, while