Bethlehem Steel Company | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-17

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Bethlehem_Steel


00:02:16 1 History
00:02:25 1.1 Roots: the Bethlehem Iron Company
00:02:36 1.1.1 Establishment
00:03:57 1.1.2 Growth
00:08:17 1.2 Bethlehem Steel Company
00:08:27 1.2.1 Establishment and involvement with the Bethlehem Iron Company
00:09:41 1.2.2 Operating as a subsidiary of the United States Shipbuilding Company
00:11:26 1.3 Bethlehem Steel Corporation
00:11:36 1.3.1 Establishment and early growth
00:14:09 1.3.2 1930s and 1940s
00:16:32 1.3.3 1950s and 1960s
00:18:59 1.3.4 1970s through 1990s
00:21:40 1.3.5 Closing and bankruptcy
00:25:56 2 Shipyards
00:27:25 3 Freight cars
00:28:09 4 Influence on American landmarks
00:29:39 5 Gallery



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SUMMARY
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The Bethlehem Steel Corporation (commonly called Bethlehem Steel) was a steel and shipbuilding company that began operations in 1904 and was America's second-largest steel producer and largest shipbuilder. 
The Bethlehem Steel roots trace back to 1857 with the establishment of the Bethlehem Iron Company; the Bethlehem Iron Company (also known as Bethlehem Iron Works or simply Bethlehem Iron) was established as the Saucona Iron Company and ceased operations in 1901. However, the Bethlehem Steel legacy began in 1899 with the formation of the first Bethlehem Steel, the Bethlehem Steel Company which was two years before the Bethlehem Iron Company ceased operations. The Bethlehem Steel Company (also known as Bethlehem Steel Works) leased all properties from the Bethlehem Iron Company from 1899 to 1901 and assumed ownership of all properties from the Bethlehem Iron Company after the Bethlehem Iron Company ceased operations. 
The Bethlehem Steel Company became the primary subsidiary company of the Bethlehem Steel Corporation in 1904. The Bethlehem Steel Company is the first Bethlehem Steel while the Bethlehem Steel Corporation is the second Bethlehem Steel; both companies existed simultaneously after 1904, but the Bethlehem Steel Company was eventually merged into the Bethlehem Steel Corporation in the 1960s. 
The Bethlehem Steel Corporation (using the Bethlehem Steel Company) and the Bethlehem Shipbuilding Corporation, which was also a Bethlehem Steel Corporation subsidiary, were two of the most powerful symbols of American industrial manufacturing leadership. Their demise is often cited as one of the most prominent examples of the U.S. economy's shift away from industrial manufacturing, its failure to compete with cheap foreign labor, and management's penchant for short-term profits.
After a decline in the American steel industry and other problems leading to the company's bankruptcy in 2001, the Bethlehem Steel Corporation was dissolved and the remaining assets sold to International Steel Group in 2003; Bethlehem Steel Corporation did not merge with/into International Steel Group.