The story
From Franklin + furnace + -ite, after Franklin Furnace in New Jersey, USA.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A monoclinic-sphenoidal dark brown mineral containing aluminum, calcium, hydrogen, iron, manganese, oxygen, silicon, and zinc. Full definition →
From Franklin + furnace + -ite, after Franklin Furnace in New Jersey, USA.
Etymology from Wiktionary, CC BY-SA 4.0.