Louis S. Cates
Encyclopedia
Louis S. Cates was born in Massachusetts
and attended MIT. He led the Phelps Dodge
Company from 1930 - 1947. During that time the company acquired the Nichols Copper Company, the Calumet and Arizona Mining Company, and the United Verde Copper Company. Under Cates' leadership Phelps-Dodge became an integrated copper industry operation. During his tenure the capital stock of Phelps-Dodge more than quadrupled in value, despite the Great Depression
. Cates died in 1959
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
and attended MIT. He led the Phelps Dodge
Phelps Dodge
Phelps Dodge Corporation was an American mining company founded in 1834 by Anson Greene Phelps and William Earle Dodge, Sr.. On March 19, 2007, it was acquired by Freeport-McMoRan and now operates under the name Freeport-McMoRan Copper & Gold Inc.-History:...
Company from 1930 - 1947. During that time the company acquired the Nichols Copper Company, the Calumet and Arizona Mining Company, and the United Verde Copper Company. Under Cates' leadership Phelps-Dodge became an integrated copper industry operation. During his tenure the capital stock of Phelps-Dodge more than quadrupled in value, despite the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...
. Cates died in 1959