*On November 9, 1863, Chisholm along with Andros B. Stone, STILLMAN WITT, JEPTHA H. WADE, and HENRY B. PAYNE incorporated the Cleveland Rolling Mill Company, which absorbed the existing operations of Stone, Chisholm & Jones Co. and acquired Lake Shore Rolling Mill on Wason (East 38th) Street. Deeming steel as the metal of the future, he sent his best ironmaster to learn the Bessemer process for the production of steel from molten pig iron. As a result, the Cleveland Rolling Mill Co. built the second Bessemer steel works in the United States in 1865, with an initial annual output of 20,000 tons. Annual output eventually reached 150,000 tons and included steel rails as well as tire, merchant, and spring steel. Chisholm diversified the operations of Cleveland Rolling Mill Co. to manufacture wire, screws and nuts, and tools. He purchased wire mills in Newburgh from the Cleveland Wire Mill Company in 1868 and organized the American Sheet & Boiler Company in 1866, the Union Steel Screw Company in 1872, and the H.P. Horse Nail Works Company in 1877.**Courtesy CWRHS
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