Granite City Steel Co. - Steel Manufacturing Stock Certificate

General Stock. Masculine vignette of male figure seated on brick structure, gear, chains, etc. Available in Blue or Orange. Please specify color.

General Steel Industries, Inc. (GSI) was an American steel company founded as General Steel Castings Corporation in 1928. The company's first headquarters were in Eddystone, Pennsylvania and, prior to completing its own modern steel foundry in 1930, acquired the operations of the Commonwealth Steel Company, a critical supplier to the rail industry. An acquisition program to diversify from its core steel castings business of manufacturing large steel castings was initiated in the late 1950s and resulted in six divisions and one subsidiary by 1971. The broader business portfolio allowed GSI to close the Castings Division, the company's only business prior to diversification, in 1973.

In 1974, GSI was operating 19 plants across the United States and internationally and continued operating as an independent company until it was acquired by Lukens Steel in 1981. General Steel continued operations at the Granite City plant until orders, pending at the time of the December 1972 announcement of the Castings Division's closing, were completed. The property at 1417 State Street, Granite City, Illinois was purchased by Granite City Steel, a subsidiary of National Steel Corporation, in 1974 and the property became known as the South Plant. Granite City Steel likely occupied the facility until the parent company's bankruptcy liquidation in 2003. Read more at https://en.wikipedia.org/wiki/General_Steel_Industries#cite_note-Business_Week-45