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U S Steel announces sweeping internal reorganization
U S Steel Corp plans a Jan 1 consolidation uniting mining lake ships and steel production under direct line management. Seven divisions including American Steel and Wire and Tennessee Coal and Iron will have new corporate titles and duties. The move aims to boost sales cut costs and meet rising competition. About 200,000 workers and 330,000 stockholders affected.
MENTIONED IN THIS ARTICLE
New York
USS. Steel Corp
Roger Blough
U.S. Steel
Blough
American Steel and Wire
Columbia - Geneva
Michigan Limestone
Tennessee Coal and Iron
National Tube
Oliver Iron Mining
Pittsburgh Steamship