Bethlehem Steel Corporation

The Bethlehem Steel Corporation (1857-2003), based in Bethlehem, Pennsylvania, once was the second largest steel producer in the United States (after Pittsburgh, Pennsylvania-based US Steel). But following its 2001 bankruptcy, the company was dissolved and the remaining assets sold to International Steel Group in 2003. During its life, Bethlehem Steel also was one of the largest shipbuilding companies in the world.

Related Topics:
1857 - 2003 - Bethlehem, Pennsylvania - Steel - United States - Pittsburgh, Pennsylvania - US Steel - 2001 - International Steel Group - Shipbuilding

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Bethlehem Steel's demise often is cited as one of the most prominent examples of the U.S. economy's transition away from industrial manufacturing and its inability to compete with cheap foreign labor.

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