Business & Finance: Conversion of Bethlehem

During the War, Bethlehem Steel was the best known and outstanding "War baby"; the efforts of the company were almost entirely devoted to the production of munitions and other ordnance materials.

After the Armistice, Bethlehem faced a difficult problem of converting its facilities to peacetime production. The shift was made gradually and without great loss, and has now been completed. Only about 2% of the company's entire property and plant investment now consists of emergency ordnance plants. Bethlehem's feat is all the more remarkable when it is recalled that the Midvale Steel and Ordnance...

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