Business Interestes
He inherited his father's business interests. He held a number of company directorships included ones with the Ben Line Steamers (from 1911), the Alloa Coal Company (from 1898), the Alloa Glass Works Company (from 1908) and the Shotts Iron Company (from 1923). He invested in the Scottish syndicate, which led the financing for a mine known as Mountain Park.
The Mountain Park mine was officially opened in 1911, and, in 1921, the Luscar mine was opened. The sole purpose of these mines was to provide fuel for the Grand Trunk Pacific Railway as it expanded westward. The Canadian mines form the nucleus of what was later Andalex Resources.
He owned a number of properties in Roxburghshire and Fife, which were inherited from his father, as well as Tulliallan Castle, Fife. When Alexander Mitchell died in 1934, aged 63, his estate was valued at £389,913.
Read more about this topic: Alexander Mitchell (Scottish Entrepreneur)
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“We are in danger ... of making our cities places where business goes on but where life, in its real sense, is lost.”
—Hubert H. Humphrey (1911–1978)