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Title: Status Of Quality Assurance-The Steel Industry And Line Pipe In The U.S.
Author: Raymond H. Bittner
Source: American Gas Association 1988
Year Published: 1988
Abstract: Although Newport Steel is a relatively new company (incorporated in 1980), the steelmaking site dates back to the turn of the century. Prior to 1980, it was owned and operated by Interlake Steel, a flat roll steel producer out of Riverdale, Illinois. Interlake controlled the facility during the sixties and seventies and closed the plant in July 1980, due to a labor dispute and immediately put the facility up for sale. Two weeks after the closure, four previous Interlake management employees formulated a plan to raise the necessary capital to purchase the facility Even though the plan was referred to as a thousand to one shot, the group was successful and reopened the facility on April 15, 1981. The company (located across from Cincinnati, Ohio) is a mini mill operation with three 100 ton electric furnaces giving it the capability to produce 600,000 tons of steel per year.

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