Construction
The Geneva Steel mill was constructed with federal funds from November 1941 to December 1944 by Columbia Steel Company and US Steel corporation. Vineyard, Utah, was chosen as the location for the new plant because iron ore, coal, limestone, and other resources necessary for primary steel making are located nearby; and because Vineyard is far inland, away from possible Japanese attack on the West Coast.
Geneva Steel operated as a US government facility until June 1946, when it was sold for $47.5 million to US Steel, a vast underbid compared to the mill's estimated $144 million value.
Read more about this topic: Geneva Steel
Famous quotes containing the word construction:
“There’s no art
To find the mind’s construction in the face:
He was a gentleman on whom I built
An absolute trust.”
—William Shakespeare (1564–1616)
“No real “vital” character in fiction is altogether a conscious construction of the author. On the contrary, it may be a sort of parasitic growth upon the author’s personality, developing by internal necessity as much as by external addition.”
—T.S. (Thomas Stearns)
“The construction of life is at present in the power of facts far more than convictions.”
—Walter Benjamin (1892–1940)