Armour, Philip Danforth (1832-1901), an American businessman, was the principal founder of Armour and Company, one of the world’s largest meat-packing firms. Armour pioneered the idea of using every part of the slaughtered animal for commercial purposes. He later expanded his firm’s operations to include household products and food processing. He also gained control of private railroad-car lines and banks. In 1892, he donated money to establish the Armour Institute of Technology in Chicago, which later merged with Lewis Institute to form the Illinois Institute of Technology. Armour was born on May 16, 1832, in Stockbridge, New York. He died on Jan. 6, 1901.
