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Philip Danforth Armour, (born May 16, 1832, Stockbridge, New York, U.S. died January 6, 1901, Chicago, Illinois), American entrepreneur and innovator whose extensive Armour & Company enterprises helped make Chicago the meatpacking capital of the world. Armour earned his first capital in California mining endeavours and cofounded a grain-dealing and meatpacking business in Milwaukee, Wisconsin, in 1863. Anticipating a sharp decline in pork prices near the end of the American Civil War (1861–65), he made nearly $2 million buying pork at depressed rates and selling it for far more in New York City. He became involved in his brother Herman Ossian ....
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