May 1901, he
secured the first promising results the laboratory, Edison
organized the Edison Storage Battery Company which was
capitalized million. With this company place, he
established battery assembly plant Glen Ridge.
Edison's strategy vertical integration well
illustrated the storage battery project. Each new product led a
new company and often new manufacturing facility. Edison also embraced the strategy of
integration, acquiring the facilities control each stage of
production.VIII-13
THE FORMATION TAE INCORPORATED
There had been little planning the assembly of
Edison's industrial empire. There were good technical reasons control the
manufacture chemicals, for example, because Edison's
operations batteries and records required high quality
supplies. pursued the policies of
diversification and expansion without regard the overall
development the organization, forming new companies and
building factories the need arose. supply
high-quality raw materials for this factory, Edison integrated
backwards and established chemical processing facilities at
Silver Lake for producing the powdered nickel and iron needed
. This was
the case with the storage battery and Portland Cement the
turn the century