ArcelorMittal's year on year growth rate is negative over the past 5 years, however the most recent earnings are above average. ArcelorMittal's 1 year earnings growth exceeds its 5 year annual average (156.8% vs -4.1%) ArcelorMittal's earnings growth has exceeded the US Metals and Mining industry average in the past year (156.8% vs 47.5%).
Bicycle Invention. In 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses. Running Machine.The Laufmaschine, which means Running Machine was a dual-wheeled bicycle that was made entirely of wood, including the wheels.n 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses.
Kirkpatrick Macmillan is best known for inventing the first pedal bicycle. Synopsis Born on September 2, 1812, in Keir Mill, Thornhill, Scotland, Kirkpatrick Macmillan was a blacksmith who, in 1837, built a dandy horseâa kind of bicycle on which the rider pushes himself along with his feet. Three years later, Macmillan had applied a crank to his machine, making the world's first pedal cycle. The machine also included a wooden frame and iron-tired wheels. Macmillan's invention was never patented, and for many years it was credited to one of his imitators, Gavin Dalzell. Macmillan died in his hometown on January 26, 1878.