November 3, 1992 |
10 Acres of Old Kaiser Mill Headed to China: Part of Kaiser Steel's old Fontana mill that turned pig iron into ribbons of semi-finished steel will be broken down and shipped to China for reassembly, 20-story building and all, officials said. The deal was agreed to by California Steel Industries Inc., which bought Kaiser's finishing mill in 1984, a year after Kaiser shut down. California Steel, which continues to produce finished steel, is selling the No.
November 20, 1989 |
Kaiser Steel Receives Title to California Acreage: Kaiser Steel Resources Inc., in proceedings Wednesday before Judge Charles Matheson of the U.S. Bankruptcy Court in Denver, reached a settlement that will give the company title to 213 acres adjacent to the former Kaiser steel mill near Fontana. The mill was shut down in the early 1980s when the company filed for bankruptcy court protection. Kaiser Steel Resources, the successor company to Kaiser Steel Co.
May 17, 1989
Kaiser Steel Resources: The reorganized successor to Kaiser Steel Corp. said it earned $951,423 on revenue of $1.3 million in its first quarter. The Rancho Cucamonga company said that because it was in bankruptcy proceedings during the first quarter of 1988, year-earlier results have no relevance and were not provided. The company noted that revenue from a long-term water rights transaction with the Southern California Water District and lease payments from Mine Reclamation Corp. helped the results.
June 14, 1988 |
Troubled Kaiser Steel Corp., which is operating under bankruptcy law protection, said Monday that it has named a new chief executive as part of a management change negotiated with creditors early this year. Richard E. Stoddard, a Denver lawyer and certified public accountant, was selected following a three-month national search conducted by a division of Price Waterhouse & Co. Stoddard, 37, most recently was managing director of Roath & Brega, the law firm representing Kaiser Steel's retirees.