The picture illustrates the ideals of the time: Tall chimneys pumping out thick black smoke were a symbol of progress! The smoke probably came from a large central steam engine that drove all the machinery, via long drive shafts and belts. Traffic was by electric street cars and horse-powered vehicles. It was slow, so it was important that the employees could live close to the factory. The company provided homes for them, right next to the workplace - zero commuting time!
I have scanned a few funny things out of this catalog, for your enjoyment. You may be surprised by how modern some products were... in several senses! There's much more, but I won't scan the entire catalog - or someone may complain about copyright issues! :-)
Some Ica cameras
Projectors and accessories