General Steel Industries

General Steel Industries, Inc.
IndustryFoundry
Steel
Manufacturing
Defense
Founded1928 as General Steel Castings Corporation
Defunct1981
HeadquartersEddystone, Pennsylvania (1928 - 1948)
Granite City, Illinois (1948 - 1970?)
St. Louis, Missouri (1970? - 1981)

General Steel Industries, Inc. (GSI) was an American steel company that operated independently from 1928 to 1981. It was founded by two locomotive manufacturers and a foundry as General Steel Castings Corporation in Eddystone, Pennsylvania.[1] The following year, it acquired the Commonwealth Steel Company, a critical supplier to the rail industry, and the year after that, completed its own modern steel foundry.[1][2]

In the late 1950s, the company began acquiring other companies in an effort to diversify from its core business of manufacturing large steel castings. By 1971, it had six divisions and one subsidiary.[3] Two years later, it closed its original Castings Division.

In 1974, GSI was operating 19 plants across the United States and internationally[4] and continued operating as an independent company until it was acquired by Lukens Steel in 1981.[5]

  1. ^ a b no author listed (committee) (1971). 75th Year Celebration of the City of Granite City, Illinois. Granite City, Illinois: Tri-City Printing Company for the Granite City Jubilee 1896 - 1971. p. 85. {{cite book}}: |last= has generic name (help)
  2. ^ The Commonwealther, August 1929 (Commonwealth Steel Company, 1929), p. 3
  3. ^ General Steel Industries, Inc., 1971 Annual Report, p. 4
  4. ^ General Steel Industries, Inc., 1974 Annual Report, p. 2
  5. ^ "General Steel Pact Approved". The New York Times. December 17, 1981.