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In 1971, Armco Steel purchased Kansas City-based engineering firm Burns & McDonnell; however, in 1985, employees of Burns & McDonnell secured a loan to buy the company from Armco. [8] In 1978, Armco Steel was renamed Armco, Inc. It moved its headquarters to New Jersey in 1985. In 1982, a recession threatened the U.S. steel industry. [9] Several ...
Mar. 3—Editor's note: This story first published on Dec. 8, 2019, following the announcement of Cleveland-Cliffs' acquisition of AK Steel. It is being republished because of news this week that ...
Walker v. Armco Steel Corp., 446 U.S. 740 (1980), was a decision by the Supreme Court of the United States in which the Court further refined the test for determining whether federal courts sitting in diversity must apply state law as opposed to federal law.
It was acquired by Armco Steel in 1930 which expanded it in 1945. At its peak it was one of Kansas City's largest employers with more than 4,500 employees. [ 4 ] Operating as Armco Worldwide Grinding System , it was sold in 1993 to GS Technologies which then became GST Steel Company.
The company, better known to area residents as Armco and eventually AK Steel, went on to become a major employer for the area and have a lasting impact on people who worked ...
In 1925, the Ashland Culvert Works company was founded, later purchased by Armco and renamed to the Armco Drainage and Metal Products Company. [9] On March 12, 1941, ground was broken for the Bellefonte Furnace. Completed in 1942 at a cost of $5 million, it produced 1,000/tons of steel per day. In 1950, a $40 million expansion was completed.
In 1902 Hook started his lifelong career at Armco as night superintendent at the sheet mill. [2] Hook served as president of Armco Steel from 1930 to 1948, and later served as chairman of its board from 1948 to 1959. In the 1930s he also served as president of the National Association of Manufacturers.
(Reuters) - A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would threaten national security, with the fate of the $15 billion ...