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What is Iron Mountain known for?
Iron Mountain has underground storage facilities in the United States and the rest of the world, but most of the company's over 1,500 storage locations are in above-ground leased warehouse space located near customers.
Is Iron Mountain a real place?
Iron Mountain is a city in the U.S. state of Michigan. The population was 7,518 at the 2020 census, down from 7,624 at the 2010 census. It is the county seat of Dickinson County, in the state's Upper Peninsula. Iron Mountain was named for the valuable iron ore found in the vicinity.
Who Started Iron Mountain?
Herman Knaust founded Iron Mountain in 1951 in Livingston, NY. Hailed as the “Mushroom King” by his Hudson River Valley neighbors, Knaust first made his fortune by growing and marketing mushrooms.
What is the mountain of iron?
The Iron Mountains, also known as Ered Engrin and the Mountains of Iron, were an immense mountain range in the northern part of Middle-earth. The Iron Mountains were traditionally associated with bitterly cold climates partly due to the influence of the evil Kingdom of Melkor.
What does Iron Mountain do with shredded paper?
The shredding service picks up the bins on a regular basis, for delivery in a secure vehicle to a secure shredding facility. There the paper is shredded beyond any possible reconstruction. Then it goes to a pulping mill for recycling.
How does Iron Mountain make money?
Roughly 65% of Iron Mountain's revenues, or around $2.86 billion, come from its storage business. Of that number, 73% is related to records management, the legacy physical storage business. That's a big number that's slowly going to shrink over time as a percentage of the top line.
How many Iron Mountain locations are there?
20 Locations. 3 Continents. 3.5M+ Gross SF. And Counting.
Who bought Iron Mountain?
Global cyber security and software resilience business, NCC Group, has completed its acquisition of Iron Mountain's Intellectual Property Management (IPM) business in a GBP156 million deal providing immediate additional scale to the Group's Software Resilience business in North America.
What is stored in Iron Mountain?
Iron Mountain's “The Underground” is a secure information storage facility that lies 220 feet below ground in a massive, naturally protected former limestone mine. The Underground is the trusted repository for vital records of all types, including some of the world's most valuable information.
What happened to the Iron Mountains?
After the War of Wrath the Iron Mountains were broken and disappeared, at least the part of their length that lay directly north of Beleriand.
What is in Iron Mountain MI?
9 Best Things to Do in Iron Mountain, MIUP Veteran's Memorial. ... Immaculate Conception Church. ... Chapin Mine Street Pump Engine. ... Dickinson County Library, Iron Mountain, MI. ... Cornish Pumping Engine and Mining Museum. ... Northwoods Adventures, Iron Mountain, MI. ... Sol Blu Lounge and Taproom, Iron Mountain, Michigan.
How many mountains are in Michigan?
315 namedWhile Michigan isn't a particularly mountainous state, it does have 315 named mountains, the highest of which is Mount Carwood (1,978ft/603m), and the most prominent of which is Briar Hill (1,96ft/317m).
What happened at Iron Mountain?
The destruction of the mountain exposed the pyrite to oxygen, water and bacteria that combined to create poisonous runoff. The result was the worst concentration of acid in the world, about 500 times more toxic than any other mine.
Where is the Iron Mountain Mine?
Shasta CountyIron Mountain is in Shasta County, California, approximately 14 km northwest of the town of Redding.
When did Iron Mountain ski resort close?
Although Iron Mountain is in El Dorado County, it is most easily accessible from Amador County. The ski area has had several different names and owners and only operated for 14 seasons between 1970 and 1998.
Does California have iron?
INTRODUCTION. Iron-ore deposits are abundant in different parts of California, yet until very recently no ore had been mined from them.
Significance of Sulfates
Sulfide oxidation at Iron Mountain has led to extremely acid mine drainage and the active formation of a wide variety of iron-sulfate minerals, including phases identified on Mars.
Connections to Mars Research
The mineralogy at Iron Mountain can serve as a proxy for understanding the formation of iron oxides and sulfates on Mars. The extreme conditions at Iron Mountain provide a unique setting that has allowed significant scientific advances to be made in environmental geochemistry, mineralogy, microbiology, and Mars analog studies.
How tall is Iron Mountain?
The 8,007 ft (2,441 m) peak is sometimes referenced as Iron Mountain #1 or Big Iron, was originally called Sheep Mountain by the early miners in San Gabriel Canyon because of the large bands of bighorn sheep that roamed the slopes.
Where is Iron Mountain in California?
Easiest route. Very strenuous hike, class 1. Iron Mountain is a mountain in the San Gabriel Mountains of Los Angeles County , California. It is within the San Gabriel Mountains National Monument, in the section managed by the Angeles National Forest .
When did the San Gabriel Mountains get their name?
The United States Geological Survey, which mapped the San Gabriel Mountains in the 1890s, ignored the local Sheep Mountain designation and gave it its present name. According to Will Thrall, there was once a USFS plan to change the name back to Sheep Mountain in 1940.
Is Sheep Mountain in the Wilderness?
The mountain is in the federally designated Sheep Mountain Wilderness, a reference to the mountain's original name.
What is Iron Mountain known for?
Iron Mountain Incorporated is a global leader in storage and information management.
What is Iron Mountain?
Iron Mountain Incorporated is a global business that protects and manages information and assets. Organizations all over the world trust us to keep their information and assets safe. Most of the FORTUNE 1000 work with us.
Why is it called Iron Mountain?
He paid thousands of dollars for a mine and 100 acres of land to grow his product. By 1950, the mushroom market had changed and Mr. Knaust decided to start a new business venture.
Is Iron Mountain a real mountain?
Iron Mountain opened its first facility called The Mountain in 1951. Most of the firm’s storage is above ground, in warehouses, hangars, and nondescript office buildings, but documents still make their way to a quiet village a few miles away from the Hudson River.
Who uses Iron Mountain?
Most of the Fortune 1000 companies use Iron Mountain’s services. Solabs, American Stock Transfer & Trust Company, SunGard Availability Services, and Woonstad Rotterdam are some of the companies that use Iron Mountain.
Is Iron Mountain a REIT?
Iron Mountain is a real estate investment trust that does not have any peers. That can make it hard to analyze the company, but there are some financial truths that can’t be ignored, and those metrics show the REIT and its dividend may be riskier than people think.
What is Iron Mountain Connect?
You can use Iron Mountain’s online customer hub to manage your information. This tool can be used to place orders, run activity reports and access inventory data.
What happened to Iron Mountain?
On November 4, 2011, a large fire struck Iron Mountain's document storage warehouse and headquarters in Aprilia, Italy. According to news reports, the entire building was enveloped in flames causing substantial damage to the building and, presumably, to the documents and digital content stored there. Approximately 40 employees worked in the facility but nobody was injured.
Who was Iron Mountain's first customer?
Iron Mountain's first customer was East River Savings Bank, who brought microfilm copies of deposit records and duplicate signature cards in armored cars for storage in the mountain facility. In 1978, the company opened its first above-ground records-storage facility.
What is Iron Mountain Digital?
In 2004, Iron Mountain formed a digital assets division called "Iron Mountain Digital", following the acquisition of Connected Corporation, a maker of online PC backup software. A year later, Iron Mountain Digital bought LiveVault, a provider of online backup software for server data.
How much did Iron Mountain make in 1981?
Since 1980, Iron Mountain grew through acquisitions. Revenue over this period increased from $3 million in 1981 to $2.7 billion at the end of 2007.
When did Iron Mountain buy British Data Management?
In 1998 , Iron Mountain made its first overseas acquisition by buying British Data Management, Ltd. The company reported a $423 million revenues by the end of the same fiscal year of its acquisition.
When did Iron Mountain go bankrupt?
This first iteration of Iron Mountain was bankrupt by the early 1970s and was wholly acquired by Vincent J. Ryan through his holdings in Schooner Capital Corporation, Boston, Massachusetts. At the time, it consisted of the original facility in Livingston, New York and IMAR (Iron Mountain at Rosendale), a former limestone mine and mushroom cave outside of Kingston, New York. In 1980, it expanded to Rhode Island through the purchase of a former Industrial National Bank (a precursor to FleetBoston) cold site and data tape repository in Glocester, Rhode Island. It had many Fortune 500 clients at the time, and its revenue was in the $6 million range in the early 1980s.
Is Iron Mountain a real estate investment?
As of January 1, 2014, Iron Mountain successfully converted to a real estate investment trust after approval of private letter ruling requests by the IRS to classify steel racking structures as qualified real estate assets.
Overview
History
The 8,007 ft (2,441 m) peak is sometimes referenced as Iron Mountain #1 or Big Iron, was originally called Sheep Mountain by the early miners in San Gabriel Canyon because of the large bands of bighorn sheep that roamed the slopes. The United States Geological Survey, which mapped the San Gabriel Mountains in the 1890s, ignored the local Sheep Mountain designation and gave it its present name. According to Will Thrall, there was once a USFS plan to change th…
Facilities and holdings
Recognition
Data losses
External links
The company was started by Herman Knaust, who had made his fortune growing and marketing mushrooms. He purchased a depleted iron ore mine and 100 acres (0.40 km ) of land in Kingston, New York for $9,000 in 1936, needing more space to grow his product. By 1950, the mushroom market had shifted, and Knaust was looking for alternative uses for his mine, which he had named …