Advertisement
YOU ARE HERE: LAT HomeCollectionsSteel Industry Delaware
IN THE NEWS

Steel Industry Delaware

FEATURED ARTICLES
BUSINESS
November 14, 1989 | From Associated Press
China's Communist government espouses the rights of the working class, but laborers at its steel plant in the United States say the boss is a stingy, rotten capitalist. CitiSteel USA Inc., a subsidiary of the China International Trust & Investment Corp., a state-run agency of the Chinese government, bought bankrupt Phoenix Steel in June, 1988, for $13.5 million. After the new owner invested an additional $56 million, it reopened the plant in March. The venture is just one of several U.S.
ARTICLES BY DATE
BUSINESS
November 14, 1989 | From Associated Press
China's Communist government espouses the rights of the working class, but laborers at its steel plant in the United States say the boss is a stingy, rotten capitalist. CitiSteel USA Inc., a subsidiary of the China International Trust & Investment Corp., a state-run agency of the Chinese government, bought bankrupt Phoenix Steel in June, 1988, for $13.5 million. After the new owner invested an additional $56 million, it reopened the plant in March. The venture is just one of several U.S.
Los Angeles Times Articles
|