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Crucible's history spans over 100 years, and the company inherited some of its ability to produce high-grade steel from England beginning in the late 1800s. Thirteen crucible-steel companies merged in 1900 to become the largest producer of crucible steel in the United States, and this company evolved into a corporation with 1,400 employees in ...
William Metcalf (3 September 1838 – 5 December 1909) was an American steel manufacturer. Metcalf was born at Pittsburgh, Pennsylvania, and graduated from Rensselaer Polytechnic Institute. Troy, New York, in 1858.
After Weirton Steel filed for bankruptcy, with 3,000 employees, Ohio-based International Steel Group (ISG) submitted a low offer of $237 million. On April 22, 2004, U.S. federal bankruptcy Judge L. Edward Friend II ruled that ISG could purchase Weirton Steel. [ 1 ]
The Teamsters and the Treasury. Yellow’s bankruptcy in July punched a $5 billion hole in the U.S. economy that won’t be easy to fill. Yellow, financially beleaguered for years, finally threw ...
Nippon Steel is the world’s fourth-biggest steelmaker, while US Steel is 24th. Since 2010, US Steel has lost money eight years out of 14. Since 2010, US Steel has lost money eight years out of 14.
The American Steel Industry, 1850–1970: A Geographical Interpretation (1973) (ISBN 0198232144) Whaples, Robert. "Andrew Carnegie", EH.Net Encyclopedia of Economic and Business History online; U.S. Steel's History of U.S. Steel; Urofsky, Melvin I. Big Steel and the Wilson Administration: A Study in Business-Government Relations (1969) Spiegel ...
First there was Harrisburg, Pennsylvania. Then, Jefferson County, Alabama. Now, hold onto your hats folks -- we could be just days away from seeing the biggest municipal bankruptcy in U.S. history.
In July 1986, LTV Corporation filed for Chapter 11 bankruptcy protection. With $6.14 billion ($17.1 billion today) in total assets and $4.59 billion in debt, it was the largest bankruptcy in US history to that point. [4]