Charles Deering - Business Career

Business Career

By 1881, William Deering's business activities had shifted to Illinois, where some earlier investments had led to his founding the Deering Harvester Company. As it grew, he enlisted both his sons in running the company. Charles moved to Chicago, taking up permanent residence in Evanston and becoming the company's secretary. His father retired in 1901. In 1902, J. P. Morgan financed a deal that combined Deering Harvester and the company founded by Cyrus McCormick, along with several others, to form the International Harvester Company. Charles Deering became chairman of the board of the newly created company. He served in this capacity until 1910, when he retired.

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