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She was the widow of Samuel Nutt, an English Quaker who had already built an ironworks at nearby Coventry and is considered the first woman industrialist in the United States. Nutt named his wife and nephew, Samuel Nutt, Jr.
He directed in his will that his wife should build a furnace on acres of land located on the south branch of French Creek. He died before it was completed. According to the custom of the day, her workers built the furnace into a small hill so that the iron ore, limestone, flux, and charcoal -- which burned hotter and cleaner than the wood from which it was produced -- could be easily placed through the top.
A sizeable operation, Warwick Furnace required the timber from acres of forest for its annual operation. A large water-wheel powered by a race from the French Creek powered the bellows required for the production of iron. Its output included pig iron and castings for stoves, pots, kettles, andirons, clock weights among other household hardware. When Samuel Nutt, Jr. As ironmaster, Grace made the first Franklin stove at the furnace. Potts made Warwick the lynchpin of his iron empire making it one of the largest producing furnaces in Pennsylvania and probably the colonies.
Warwick stoves were sold throughout the colonies. After the so-called "Battle of the Clouds," General Washington retreated to the French Creek Valley and on September 17 and 18th, his troops camped at Warwick and nearby Reading Furnace where they rested and had their ordnance repaired. Cannon at Warwick were buried at this time to keep them out of British hands.