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In 2012, RG Steel filed for bankruptcy protection and initiated layoffs. [12] [13] As part of the Chapter 11 bankruptcy liquidation of RG Steel, the Yorkville, Ohio plant was sold back to Esmark, the Martins Ferry, Ohio plant was sold to a local businessman, and the Steubenville, Ohio plant was sold to the metal recycler Herman Strauss. [14]
Worthington Enterprises, Inc. is a global diversified metals manufacturing company based in Columbus, Ohio.It is a steel processor and manufacturer of pressure vessels, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; water system tanks for storage, treatment ...
The Youngstown Sheet and Tube Company, based in Youngstown, Ohio, was an American steel manufacturer.Officially, the company was created on November 23, 1900, when Articles of Incorporation of the Youngstown Iron Sheet and Tube Company were filed with the Ohio Secretary of State at Columbus.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering ...
Republic Iron and Steel Works, Youngstown, early 1900s. The economy of Youngstown, Ohio, United States, flourished in the 19th and early 20th centuries, with steel production reaching all-time highs at that time. The steel boom led to an influx of immigrants to the area looking for work, as well as construction of skyscrapers in the area.
Between 1990 and 2012, the area experienced a 41 percent decline in manufacturing jobs. [9] More recently manufacturing, especially of steel, has been on a slight upswing. A study from Cleveland State has shown a bounce back after the Great Recession for the manufacturing industry. Between 2010 and 2012, the area saw a net growth in ...