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Unformatted text preview: Mike Friend History of United States Steel • 1901 - United States Steel is founded by J .P. Morgan, Elbert H. Gary, and Andrew Carnegie . • 1907 – U .S. Steel buys Tennessee Coal, Iron and Railroad Company, which is located in Birmingham, Alabama . • 1984 – Federal Government prevents U .S. Steel from acquiring National Steel • Early 1986 – U .S. Steel acquires the Texas Oil & Gas Company • 1986 – U .S. Steel changes name to USX Corporation • 1991 – A new class of common stock is issued by the USX Corporation • October, 2001 – USX Corporation becomes United States Steel Corporation and Marathon Oil Company • January 1, 2002 – The two companies began separate operations • 2003 – U .S. Steel acquires National Steel’s assets after National goes bankrupt Current Operations of United States Steel Some of the major products and services the U .S. Steel offers are blast furnaces, steel mills, plate steel, sheet steel, strip steel, cold rolled steel, hot rolled steel, chemicals...
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This note was uploaded on 04/23/2008 for the course BUS 100 taught by Professor Borders during the Spring '07 term at Illinois State.
- Spring '07