Armco Inc. and Cyclops Industries Inc., two companies that are posed to merge, are studying linking Armco's Baltimore operation with that of Cyclops' plant in suburban Pittsburgh.
Such a combination is seen as a way of bolstering the two struggling operations. But executives at the two companies said it was too early to say what form the arrangement would take or how it would affect the Baltimore work force.
The study involves the Armco subsidiary Baltimore Specialty Steels Corp. and Cyclops' Bridge- ville, Pa., operation.
Both plants make stainless-steel products, and both have been shrinking their operations in recent years.
Armco, a stainless-steel company based in Parsippany, N.J., agreed in September to purchase Pittsburgh-based Cyclops for $156 million in cash and stock.