BUSINESS
By Jay Hancock | March 28, 2007
If Alabama and Louisiana had to obey the economic rules applying to most of the world, 2,400 workers at the Sparrows Point steel mill might have one less thing less to worry about. ThyssenKrupp would buy the Point, spend big money on improvements and ensure it a long and prosperous future. The German company badly wants a decent steel mill on a North American deepwater harbor, and Sparrows Point in Baltimore County is the perfect choice. At least it was - until the governors of Alabama and Louisiana stepped up. They're bribing ThyssenKrupp with hundreds of millions of taxpayer dollars to put a new plant in one of their states.
BUSINESS
By Tricia Bishop | August 5, 2007
For the better part of three decades, as Richard Offley grew from a boy to a man on the peninsula between the Patapsco and Back rivers, the Sparrows Point steel mill was at the center of community life. Back then, it was still owned by Bethlehem Steel Corp., as it had been since 1916, and many of its employees lived in its namesake company town. The mill put food on their tables, maintained their schools and churches and sponsored the softball teams. "`The Company,' we called it, whatever the Company wanted, that's pretty much what happened," said Offley, 62. "They owned the town, they owned the fire department, they owned the police department.
BUSINESS
By Allison Connolly | December 13, 2007
The deal to sell the Sparrows Point steel mill to E2 Acquisition Corp. is in flux as discussions continue while possible new partners wait in the wings. Two self-imposed deadlines have come and gone as ArcelorMittal and E2 and the United Steelworkers union have tried to hammer out a final agreement. Because of the delays, agreements between E2 partners and Chicago Heights, Ill.-based Esmark Inc., which is leading the joint venture, have expired. The global investor group includes Franklin Templeton Investments; Companhia Vale do Rio Doce, a Brazilian iron ore producer; and Industrial Union of Donbass Corp.
NEWS
By Timothy B. Wheeler | February 25, 1997
Bethlehem Steel Corp. has agreed to an unprecedented, multimillion-dollar cleanup at its Sparrows Point plant to curb pollution that has been fouling the air, water and land for years, federal and state environmental officials were to announce today.The Environmental Protection Agency, Maryland Department of the Environment and the U.S. attorney's office have scheduled a joint announcement that they said should "significantly reduce pollutants" from the sprawling 2,500-acre steel-making complex in eastern Baltimore County.
NEWS
November 3, 1997
GOV. PARRIS N. GLENDENING exaggerated the other day when he called Bethlehem Steel Corp.'s plan to build a new $300 million cold-rolling mill at its Sparrows Point plant Maryland's "biggest economic development news in several decades." Those are overly optimistic words for an operation that will cut 900 of Beth Steel's 5,400 jobs by the year 2000. But Mr. Glendening's error was one of degree, not of substance.The fact that Sparrows Point has snared this steel mill is very good news. It is a credit to the governor, Sens.
NEWS
By Brian Sullam | September 8, 1996
IF JAMES HOWARD Kunstler were advising Anne Arundel County citizens and officials revising the county's general development, his advice would be simple: Get rid of zoning.In a provocative article in The Atlantic Monthly, Mr. Kunstler argues that post-World War II zoning codes have produced sprawling American suburbs of "stupefying ugliness."The commercial squalor that lines most suburban thoroughfares is obvious to all, yet we find ourselves unable to change it.Mr. Kunstler, the author of the 1993 book "The Geography of Nowhere," a blistering critique of American suburban development since World War II, says the jumble of grocery stores, fast-food restaurants, muffler shops and convenience stores is no accident.
SPORTS
By KEN ROSENTHAL | February 23, 1995
CLEARWATER, Fla. -- He's the same old Stoney, simple and innocent and pure. He doesn't want to return to the majors -- far from it. He wants only to honor the wishes of a friend, a friend who was a father figure, a friend who died only two weeks ago.The baseball world used to laugh at Jeff Stone. He once confused a shrimp cocktail with an alcoholic beverage. Asked if the moon in Venezuela was the same as the one in Missouri. Played baseball so ineptly, he became the symbol of the 0-21 Orioles.
BUSINESS
By Ross Hetrick | January 26, 1995
Riding the crest of what has been called the best steel market in 20 years, Bethlehem Steel Corp. yesterday reported its first annual net profit since 1989. But the results would have been even more impressive if a key Indiana blast furnace had not been shutdown, adding more than $150 million to the company's expenses."We are very pleased with the year. It was a strong year," said Curtis H. Barnette, chairman and chief executive officer of Pa.-based Bethlehem. "We completed major modernization projects that were essential for the long-term strength of our company."
BUSINESS
May 28, 1994
Lawsuit filed against publishersThe American Booksellers Association said yesterday it filed an antitrust lawsuit against five publishers, claiming they discriminate against small bookstores and favor large retail chains.The publishers enter into secret deals with large bookstore chains and warehouse buying clubs, offering discounts and promotional pricing not available to other stores, the trade group charged.The trade group, which represents 4,552 retail bookstores across the country, filed suit in U.S. District Court for the Eastern District of Pennsylvania in Philadelphia against Houghton MifflinCo.
NEWS
By Ross Hetrick | November 15, 1994
For the first time in 15 years, Bethlehem Steel Corp.'s Sparrows Point steel mill has asked for applications from the general public to fill up to 200 jobs at the Baltimore County plant.The request, which has been met by an avalanche of more than 4,500 inquiries, comes as the steel mill is working at full capacity and workers -- whose average age is 50 -- are putting in an average of five to six hours of overtime a week."We want new people," said Duane R. Dunham, president of Bethlehem's Sparrows Point Division.