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Author: Kenneth Warren Publisher: ISBN: Category : Business & Economics Languages : en Pages : 352
Book Description
In the late 19th century, rails from Bethlehem Steel helped build the United States into the world's foremost economy. During the 1890s, Bethlehem became America's leading supplier of heavy armaments, and by 1914, it had pioneered new methods of structural steel manufacture that transformed urban skylines. Demand for its war materials during World War I provided the finance for Bethlehem to become the world's second-largest steel maker. As late as 1974, the company achieved record earnings of $342 million. But in the 1980s and 1990s, through wildly fluctuating times, losses outweighed gains, and Bethlehem struggled to downsize and reinvest in newer technologies. By 2001, in financial collapse, it reluctantly filed for Chapter 11 bankruptcy protection. Two years later, International Steel Group acquired the company for $1.5 billion. In Bethlehem Steel, Kenneth Warren presents an original and compelling history of a leading American company, examining the numerous factors contributing to the growth of this titan and those that eventually felled it--along with many of its competitors in the U.S. steel industry. Warren considers the investment failures, indecision and slowness to abandon or restructure outdated "integrated" plants plaguing what had become an insular, inward-looking management group. Meanwhile competition increased from more economical "mini mills" at home and from new, technologically superior plants overseas, which drove world prices down, causing huge flows of imported steel into the United States. Bethlehem Steel provides a fascinating case study in the transformation of a major industry from one of American dominance to one where America struggled to survive.
Author: Kenneth Warren Publisher: ISBN: Category : Business & Economics Languages : en Pages : 352
Book Description
In the late 19th century, rails from Bethlehem Steel helped build the United States into the world's foremost economy. During the 1890s, Bethlehem became America's leading supplier of heavy armaments, and by 1914, it had pioneered new methods of structural steel manufacture that transformed urban skylines. Demand for its war materials during World War I provided the finance for Bethlehem to become the world's second-largest steel maker. As late as 1974, the company achieved record earnings of $342 million. But in the 1980s and 1990s, through wildly fluctuating times, losses outweighed gains, and Bethlehem struggled to downsize and reinvest in newer technologies. By 2001, in financial collapse, it reluctantly filed for Chapter 11 bankruptcy protection. Two years later, International Steel Group acquired the company for $1.5 billion. In Bethlehem Steel, Kenneth Warren presents an original and compelling history of a leading American company, examining the numerous factors contributing to the growth of this titan and those that eventually felled it--along with many of its competitors in the U.S. steel industry. Warren considers the investment failures, indecision and slowness to abandon or restructure outdated "integrated" plants plaguing what had become an insular, inward-looking management group. Meanwhile competition increased from more economical "mini mills" at home and from new, technologically superior plants overseas, which drove world prices down, causing huge flows of imported steel into the United States. Bethlehem Steel provides a fascinating case study in the transformation of a major industry from one of American dominance to one where America struggled to survive.
Author: Andrew Garn Publisher: Princeton Architectural Press ISBN: 9781568981970 Category : Photography Languages : en Pages : 126
Book Description
Also included is a brief history by Lance Metz, the historian of the National Canal Museum and the foremost authority on the history of the plant."--BOOK JACKET.
Author: Matthew Christopher Publisher: Jonglez Photo Books ISBN: 9782361950941 Category : Photography Languages : en Pages : 0
Book Description
Originally intended as an examination of the rise and fall of the state hospital system, Matthew Christopher's Abandoned America rapidly grew to encompass derelict factories and industrial sites, schools, churches, power plants, hospitals, prisons, military installations, hotels, resorts, homes, and more.
Author: Chloe E. Taft Publisher: Harvard University Press ISBN: 0674970241 Category : History Languages : en Pages : 336
Book Description
Bethlehem, Pennsylvania, was once synonymous with steel. But after the factories closed, the city bet its future on a new industry: casino gambling. On the site of the former Bethlehem Steel plant, thousands of flashing slot machines and digital bells replaced the fires in the blast furnaces and the shift change whistles of the industrial workplace. From Steel to Slots tells the story of a city struggling to make sense of the ways in which local jobs, landscapes, and identities are transformed by global capitalism. Postindustrial redevelopment often makes a clean break with a city’s rusted past. In Bethlehem, where the new casino is industrial-themed, the city’s heritage continues to dominate the built environment and infuse everyday experiences. Through the voices of steelworkers, casino dealers, preservationists, immigrants, and executives, Chloe Taft examines the ongoing legacies of corporate presence and urban development in a small city—and their uneven effects. Today, multinational casino corporations increasingly act as urban planners, promising jobs and new tax revenues to ailing communities. Yet in an industry premised on risk and capital liquidity, short-term gains do not necessarily mean long-term commitments to local needs. While residents often have few cards to play in the face of global capital and private development, Taft argues that the shape economic progress takes is not inevitable, nor must it always look forward. Memories of corporations’ accountability to communities persist, and citizens see alternatives for more equitable futures in the layered landscapes all around them.
Author: Ann M. Bartholomew Publisher: Canal History & Technology Press ISBN: 9780930973414 Category : Steel industry and trade Languages : en Pages : 247
Author: David Venditta Publisher: ISBN: 9780982942208 Category : Steel industry and trade Languages : en Pages : 160
Book Description
A sweeping narrative history, Forging America chronicles the rise and fall of Bethlehem Steel, beginning with the 19th century Welsh ironmaker who kindled a fire in anthracite-rich eastern Pennsylvania and ending with the second largest U.S. steelmaker's collapse in 2003. Bethlehem Steel was a powerful manifestation of American capitalism. The industrial titan built the Golden Gate Bridge and much of the New York City skyline and stood at the center of defense efforts through two world wars. Along the way, Bethlehem Steel became intertwined with the lives of icons Andrew Carnegie, J.P. Morgan and Babe Ruth. More than the story of a grand enterprise, Forging America is about its captains and the people who poured their lives and souls into the gritty, dangerous business of making steel.
Author: Joseph E. B. Elliott Publisher: Columbia College (Chicago) ISBN: 9781935195252 Category : Documentary photography Languages : en Pages : 0
Book Description
Aware of the decline and imminent demise of many integrated steel mills in the United States and fascinated by their monumental architecture, machinery, and the culture of work and community that was inextricably connected to them, Joseph Elliott photographed the mills in Bethlehem, Pennsylvania from 1989 until final shutdown in 1997. This book appeals to the growing fascination with industrial archaeology and will be an inspiration for the preservation and re-use of these relic structures.
Author: Karen Kelly Publisher: Macmillan + ORM ISBN: 1250201500 Category : Fiction Languages : en Pages : 264
Book Description
With the atmospheric storytelling of Kate Morton and Lisa Wingate, Karen Kelly weaves a shattering debut about two intertwined families and the secrets that they buried during the gilded, glory days of Bethlehem, PA. A young woman arrives at the grand ancestral home of her husband’s family, hoping to fortify her deteriorating marriage. But what she finds is not what she expected: tragedy haunts the hallways, whispering of heartache and a past she never knew existed. Bethlehem is a multigenerational saga that weaves together the lives of two prominent families during the historic steel boom era of Bethlehem, Pennsylvania. Inspired by the true titans of the industry, Bethlehem is a mystery, a love story, and a tragedy. It is a story of temptation and regret; a story of secrets and the cost of keeping them; a story of forgiveness. It is the tale of two complex women: the dynamic and beautiful Susannah Parrish Collier and her daughter-in-law, the outsider Joanna Rafferty Collier. Thrown together in the name of family, they will unravel mysteries long hidden and complex that have threatened to tear apart a dynasty.
Author: Kenneth Warren Publisher: University of Pittsburgh Pre ISBN: 0822970597 Category : History Languages : en Pages : 425
Book Description
At its formation in 1901, the United States Steel Corporation was the earth's biggest industrial corporation, a wonder of the manufacturing world. Immediately it produced two thirds of America's raw steel and thirty percent of the steel made worldwide. The behemoth company would go on to support the manufacturing superstructure of practically every other industry in America. It would create and sustain the economies of many industrial communities, especially Pittsburgh, employing more than a million people over the course of the century. A hundred years later, the U.S. Steel Group of USX makes scarcely ten percent of the steel in the United States and just over one and a half percent of global output. Far from the biggest, the company is now considered the most efficient steel producer in the world. What happened between then and now, and why, is the subject of Big Steel, the first comprehensive history of the company at the center of America's twentieth-century industrial life.Granted privileged and unprecedented access to the U.S. Steel archives, Kenneth Warren has sifted through a long, complex business history to tell a compelling story. Its preeminent size was supposed to confer many advantages to U.S. Steel—economies of scale, monopolies of talent, etc. Yet in practice, many of those advantages proved illusory. Warren shows how, even in its early years, the company was out-maneuvered by smaller competitors and how, over the century, U.S. Steel's share of the industry, by every measure, steadily declined. Warren's subtle analysis of years of internal decision making reveals that the company's size and clumsy hierarchical structure made it uniquely difficult to direct and manage. He profiles the chairmen who grappled with this "lumbering giant," paying particular attention to those who long ago created its enduring corporate culture—Charles M. Schwab, Elbert H. Gary, and Myron C. Taylor.Warren points to the way U.S. Steel's dominating size exposed it to public scrutiny and government oversight—a cautionary force. He analyzes the ways that labor relations affected company management and strategy. And he demonstrates how U.S. Steel suffered gradually, steadily, from its paradoxical ability to make high profits while failing to keep pace with the best practices. Only after the drastic pruning late in the century—when U.S. Steel reduced its capacity by two-thirds—did the company become a world leader in steel-making efficiency, rather than merely in size. These lessons, drawn from the history of an extraordinary company, will enrich the scholarship of industry and inform the practice of business in the twenty-first century.
Author: Frank Behum Publisher: ISBN: 9780982258378 Category : Iron and steel workers Languages : en Pages : 0
Book Description
"A history of the last years of Bethlehem Steel, the world's second largest steel company, told by steelworkers in interviews with laborers and management. Public perception was that the union employees were responsible for its downfall, with inflated wages and benefits. Here they make their case to the contrary"--Provided by publisher.
Author: Kenneth Warren
Author: Kenneth Warren
Author: Andrew Garn
Author: Matthew Christopher
Author: Chloe E. Taft
Author: Ann M. Bartholomew
Author: David Venditta
Author: Joseph E. B. Elliott
Author: Karen Kelly
Author: Kenneth Warren
Author: Frank Behum