History
The company was founded in 1899 as The American Rolling Mill Company (which is the basis for the eventual ARMCO name) in Middletown, Ohio, and operated the Middletown Works there. In 1901 it opened the Ashland Works in Ashland, Kentucky. In 1948 it adopted the ARMCO name which in turn became Armco Steel Corporation.
The Middletown and Ashland were the company's only plants until the 1950s when it began buying more mills and diversifying.
In 1978 it was renamed Armco, Inc. and it moved its headquarters for a now diversified company to New Jersey in 1985. In 1989 it entered into a limited partnership with Kawasaki Steel Corporation as well as with Itochu Corporation owning 50 percent of its Nova Steel Processing unit.
In 1993 the company moved its headquarters to Pittsburgh, Pennsylvania and renamed itself AK Steel Holdings reflecting its Armco roots and sizable investment by Kawasaki. The company became publically traded in 1993. In 1995 it moved its headquarters back to Middletown.
In 2007 it moved its headquarters to West Chester Township, Ohio. In 2008 it became a component of S&P500.
AK Steel was listed #1 on the Mother Jones Top 20 polluters of 2010; dumping over 12,000 tons of toxic chemicals into Ohio waterways.
Read more about this topic: AK Steel Holding
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