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June 15, 2020
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Warren Steel
Warren Steel
Created by
Johnny
⟶ Updated 12 Nov 2017 ⟶
List of edits
Timelines by
Johnny
:
12 Nov 2017
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Events
Company is founded originally as the Copper-Clad SteelCompany
Engineers S. E. Bramer, Jacob Roth, F. R. S. Kaplan, Simon Loeb and William Smith, Sr. create the first permanent metallurgical bond between copper and steel in Rankin, Pennsylvania
Company changes name to the Copperweld Steel Company
The company takes over a former axe factory in Glassport, Pennsylvania opening their first facility as Copperweld
Company goes public for the first time
Company is listed on the New York Curb Exchange
Company is listed on the New York Stock Exchange
Company ceases trading on the New York Stock Exchange
Copperweld opens second factory in Warren, Ohio to manufacture steel billets
Company acquires the Flexo Wire Co. of Oswego, New York
Copperweld enters into the steel tube manufacturing business with acquisition of Ohio Seamless Tubing Company of Shelby, Ohio
Company merges with stainless steel finisher Superior Steel Company
Company sells off Superior Steel Company after 5 years of poor performance
Company develops a second bimetallic product line, an aluminum-covered steel wire branded as Alumoweld
Creates the Japan Alumoweld Company of Numazu, Japan
Acquires the Chicago-based Regal Tube division of Lear-Siegler
Changes name to Copperweld Corporation
Opens a CCA wire manufacturing plant in Fayetteville, Tennessee
French holding company Imétal S.A. (today known as Imerys), acquires controlling interest of Copperweld Corporation
Company expands its bimetallic wire production to Campinas, Brazil
Announces the layoff of its Glassport, Pennsylvania facility along with 548 full-time jobs
Copperweld Energy is created
U.S. Supreme Court rules in favor of Copperweld in a landmark antitrust case
Glassport facility closes entirely
Oswego fine wire division shuts down
CSC Industries is created as a spin off from Copperweld's Warren, Ohio operation as a separate publicly traded company
CSC files for bankruptcy
Company spend $90 million to upgrade Shelby, Ohio plant
Copperweld and Fujikura announce a second joint venture together, the United States Alumoweld Company, to be located in Duncan, South Carolina
Company announces the building of a stainless steel tube plant in Elizabethtown, Kentucky
Cleveland, Ohio-based LTV Steel acquires Copperweld Corporation from Imétal for $650 million
Company becomes the largest producer of structural steel tubing in North America with 23 plants employing 3,500 people
Company files voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code
LTV Copperweld emerges from bankruptcy
Owner sells the company for $22.5 million USD to Fushi International.
Warren Steel Holdings LLC is formed
Warren Steel hires first employees
Warren Steel announces a temporary shutdown of the facility, affecting around 150 employees
All power is shut off at the facility across all buildings, and Warren Steel permanantly shuts down
Warren Steel installs new electromagnetic stirrings on its caster
Warren Steel temporarily halts operations, when energy prices became too high.
Company is sued in Trumbull County Common Pleas Court by one of their large investors
