Bethlehem Steel

In the late 1800s, rails from Bethlehem Steel helped build a United States economy that was the strongest in the world. During the 1890s, Bethlehem became America's leading supplier of heavy armaments. By 1914, its new methods of structural steel manufacturing had transformed urban skylines, and the [...]
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In the late 1800s, rails from Bethlehem Steel helped build a United States economy that was the strongest in the world. During the 1890s, Bethlehem became America's leading supplier of heavy armaments. By 1914, its new methods of structural steel manufacturing had transformed urban skylines, and the company had become the world's second-largest steel maker. But in the 1980s and 1990s, through wildly fluctuating times and competition from abroad, losses outweighed gains, and Bethlehem struggled to downsize and reinvest in newer technologies. By 2001, it reluctantly filed for Chapter 11 bankruptcy protection and two years later was acquired by the International Steel Group. In ""Bethlehem Steel"", Kenneth Warren presents an original and compelling history of a leading American company. He examines the numerous factors that contributed to the growth of this titan and those that eventually felled it - along with many of its competitors in the U.S. steel industry. It is a fascinating case study in the transformation of a major industry from one of American dominance to one where America struggled to survive.