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Steel CityEntrepreneurship, Strategy, and Technology in Sheffield 1743-1993$
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Geoffrey Tweedale

Print publication date: 1995

Print ISBN-13: 9780198288664

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198288664.001.0001

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Mergers, Diversification, and Large-Scale Special Steelmaking

Mergers, Diversification, and Large-Scale Special Steelmaking

(p.239) 7 Mergers, Diversification, and Large-Scale Special Steelmaking
Steel City

Geoffrey Tweedale

Oxford University Press

As this chapter initially focuses on the division in steel manufacture between special steelmakers in Sheffield and the bulk producers in the northeast and South Wales and in other areas, it also takes into account that Sheffield special steelmaking itself can be divided between the small-scale businesses and those that produce the bulk and specialist forgings and steel for engineering plants, and other such industries. The lead of Sheffield's industries in terms of forgings, steel castings, alloys, and specialist engineering fabrications experienced a decline as patents reached their expirations, and competitors were able to imitate the practices of Sheffield industries. Capacity was over-expanded by the time of war. This chapter looks into the post-war situation in which mergers and diversifications were made to address increased competition and reduced orders in peacetime.

Keywords:   Sheffield, steel castings, specialist engineering fabrications, mergers, diversification, peacetime, increased competition, reduced orders

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