Use of nickel (as a natural meteoric nickelâiron alloy) has been traced as far back as 3500 BCE. Nickel was first isolated and classified as a chemical element in 1751 by Axel Fredrik Cronstedt, who initially mistook the ore for a copper mineral.
One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations.
Initially founded as the âNew York Cutlery Companyâ which is not to be confused with the well known New York Knife Company, John W. Schatt and Charles B. Morgan opened an office in New York City sometime in 1896.