Corrigan, McKinney & Company

Corrigan, McKinney & Co.
Company type	Private
Industry	Steel, shipping, mining
Founded	1887 (roots); 1894; (as Corrigan, McKinney & Co.); 1918; (as McKinney Steel); 1926; (as Corrigan, McKinney Steel);
Founder	James Corrigan, Price McKinney, and Stevenson Burke
Defunct	1935
Fate	Acquisition
Successor	Republic Steel; (1935); Cleveland-Cliffs; (1930—1935);
Headquarters	Perry-Payne Building, Cleveland, Ohio, U.S.
Subsidiaries	Buffalo Mining Co.; Colby Iron Mining Co.; Crystal Falls Iron Mining Co.; Cuyahoga Mining Co.; Dunn Iron Mining Co.; Great Western Iron Mining Co.; Lincoln Iron Mining Co.; Pence Ore Co.; Queen Iron Mining Co.; St. Paul Iron Mining Co.; Stevenson Iron Mining Co.; Sunday Lake Iron Mining Co.; Winnifred Iron Mining Co.; N. G. Taylor & Co.; Newton Steel;

Corrigan, McKinney & Co. was an iron ore wholesaler, iron mine owner and operator, and pig iron producer based in Cleveland, Ohio. Its majority stockholder was founder James C. Corrigan, and the silent partner was Cleveland railroad magnate Stevenson Burke. It emerged in March 1894 after the bankruptcy of Corrigan, Ives & Co., with Burke's son-in-law, Price McKinney, becoming the second largest stockholder. Gogebic, Marquette, Mesabi, Menominee iron ranges in Michigan, Minnesota, and Wisconsin, where for many years it was second only to U.S. Steel in terms of annual tonnage mined. It owned pig iron smelters in New York, Ohio, and Pennsylvania, as well as limestone quarries and coal fields in New York and Pennsylvania.

The company went into shipping business in 1896 and owned one of the most influential iron ore shipping fleets on the Great Lakes. It formed a subsidiary, Corrigan, McKinney Steel (later known as McKinney Steel before reverting to its original name), in 1907. Its four blast furnaces, steel furnaces, coking operation, rolling mills, and finishing mills on the Cuyahoga River were the largest in Cleveland and some of the most efficient in the United States.

In 1919, Corrigan, McKinney & Co. purchased and operated coal fields in Kentucky to ensure a steady supply of coal and coke for its steel mill.

Stevenson Burke's death in 1904 left his shares under the control of his widow, son, and daughter. The 1908 death of James C. Corrigan left his shares in the hands of his son, James W. Corrigan. He later purchased the shares of Burke's son. Price McKinney's suicide transferred his shares to his widow. After James W. Corrigan's untimely death in 1928, the shares passed to his widow, Laura Mae Corrigan.

Now known as Corrigan McKinney Steel, the company having renamed itself, the four women in control of the firm sold their shares to Cleveland-Cliffs Iron Co. in 1930. Cleveland-Cliffs borrowed heavily to purchase the shares, and was nearly driven to bankruptcy as its financial situation became imperiled by the Great Depression. Cleveland-Cliffs sold Corrigan McKinney Steel in 1934 to Republic Steel at a significant loss, and wound up a holding company that once controlled Corrigan McKinney Steel.

The sale to Republic Steel ended Corrigan McKinney's corporate existence.