`Bethlehem Steel Burns Harbor`
Appears in 1 lecture.
Appearances across the corpus
Last company-built (non-government-subsidized) steel mill in the world. Burns Harbor, Indiana. Now part of ArcelorMittal. Tom worked there. Anchors the larger thesis that steel-mill greenfield construction is no longer commercially viable.
The last one was Bethlehem Steel in Burns Harbor, Indiana. Now it's part of ArcelorMittal, because Beth's bankrupt ever since I went to work with them. Worked for them, they went bankrupt. I guess I did it, I don't know. But Burns Harbor was the last company-built steel mill. All the others were basically built with government subsidies or whatever, because it's just too big an investment.