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RE: LeoThread 2025-10-27 16-32

in LeoFinance2 days ago

Part 3/11:

By the late 1870s, Barber had developed a new obsession: asphalt. As American cities modernized and demanded durable paved roads, Barber saw a lucrative opportunity in this black, sticky substance. In 1883, he founded the Barber Asphalt Company in Washington, shifting his focus from residential properties to infrastructure.

Securing a lease on Pitch Lake in Trinidad—the world’s largest natural asphalt deposit—Barber nearly monopolized high-quality paving materials. His timing was impeccable; while cities from New York to San Francisco sought sturdy streets, Barber’s team laid miles of asphalt pavement.