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Steel

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, holds up seven-month-old Ellen Whitaker as he campaigns at American Legion Post 15 in Sumter, S.C., Saturday, Jan. 14, 2012. (AP Photo/Charles Dharapak)

Bain Capital made millions off S.C. steelmaker as mill morale, finances suffered

Last updated Saturday, January 14, 2012 - 5:43pm

MYRTLE BEACH, S.C. _ Boston-based Bain Capital LLC more than doubled its money on GS Industries Inc. _ the former parent company of Georgetown Steel _ under Mitt Romney’s leadership in the 1990s, even as the steel manufacturer went on to cut more than 1,750 jobs, shuttered a division that had been around for 100 years and eventually sank into bankruptcy.

Business, Bain Capital, Bankruptcy, Manufacturing, Mitt Romney, Steel, National Read more Comments

Final OK near for former Utah steel site project

The Associated Press

Last updated Monday, December 27, 2010 - 2:44pm

PROVO -- The developers of the Vineyard project in Utah County are seeking final approvals for tax breaks that will allow them to start installing infrastructure at the old Geneva Steel site.

Business, Steel, Utah Read more Comments