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Bethlehem Steel Corporation Stock Certificate Specimen
$ 92.4
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Description
Bethlehem Steel Corporation Stock Certificate Specimen100 shares. Brown/Black. Great engraved vignette of a large gun at lower center. Franklin Lee Bank Note Company, New York.
The Bethlehem Steel Corporation was America’s largest ship builder and second leading steel supplier. The company was powerhouse in the industrial manufacturing industry and operated from 1857 to 2003. The company further represents the American shift from industrial manufacturing and inability to compete with cheaper foreign labor. In 2001, the company went bankrupt, and by 2003 the company’s assets were sold to International Steel Group. The International Steel Group merged with foreign entity Mittal Steel ending the Bethlehem Steel Company’s American ownership run.
The company was able to accrue an impressive list of achievements during its 150-year run. The company was heavily involved with developing ships and weapons for the United States Navy following the Civil War, did exstensive work on the Golden Gate Bridge, and were involved with building government-owned nuclear reactors at their New York plant just after the conclusion of World War II.