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Abstract

[Excerpt] On December 27, 1982, Bethlehem announced that it was all over for Lackawanna. Ironically, this was greeted with a sigh of relief in Johnstown.

Ever since 1965 when Bethlehem built a multi-billion dollar greenfield plant at Burns Harbor, Indiana, people in Johnstown had thought their days were numbered. Many of them held Lackawanna in such awe that they couldn't imagine that the nation's second largest steel producer would abandon it, especially because for a decade Bethlehem has been threatening to leave Johnstown instead.

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