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Beleaguered Steel Firm to Move Headquarters

August 24, 1986|Associated Press

WHEELING, W. Va. — Wheeling-Pittsburgh Steel Corp., seeking to save money during its bankruptcy reorganization, will move its headquarters from Pittsburgh to Wheeling, a state official said Friday.

Cities in Ohio, Pennsylvania and West Virginia had been lobbying for the headquarters, and tax incentives promised by West Virginia tipped the scales in the state's favor, state tax commissioner Michael Caryl said.

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