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Frick, Henry Clay

Name :             Frick, Henry Clay
Birth :               (1849-1919)
Nationallity :   American
Occupation :   industrialist

Work

Frick, Henry Clay (1849-1919), American industrialist and philanthropist, born in Westmoreland County, Pennsylvania. In 1871 he organized the H. C. Frick Coke Company, which became one of the largest coke-producing firms in the world. The financial panic of 1873 enabled Frick to acquire the properties of his rivals and so to arrange an alliance, on very favourable terms, with the steel firm of Carnegie Brothers. He was chairman of the board of directors of the Carnegie firm from 1889 to 1900. Frick was a director of many companies, and in 1901 he took a prominent part in the negotiations that resulted in the formation of the United States Steel Corporation. On his death he left land and an endowment to provide a park in Pittsburgh, Pennsylvania, and bequeathed his house, with its notable collection of paintings, to the city of New York. The bequest, now known as the Frick Collection, is associated with the Frick Art Reference Library.
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