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Follansbee Steel Corporation 1948
Product Description
Follansbee Steel Corporation stock certificate 1948
Great steel maker vignette of Greek male figure in front of multiple steel mill scenes. Issued and cancelled. Dated 1948.
Follansbee Steel traces its history back to 1812 when James Park produced a number of products, including block tin, ingot copper, antimony, sheet zinc, sheet iron, and tin-plated carbon steel, a widely-used sheet metal roofing product. The tin plated sheet manufactured by Park came to be known as the “old tin roof.”
Ownership of the company switched hands to James Scott, and eventually was purchased by John and Robert Follansbee. The outstanding performance and popularity of the "old tin roof" coupled with the brothers’ entrepreneurial expertise resulted in a rapid expansion of the newly named company of Follansbee Steel. In 1902, the opening of the Follansbee Steel plant gave rise to the establishment of the City of Follansbee.
In 1954, the Louis Berkman Company purchased Follansbee and sold all the basic steel production operations to Wheeling Steel. In 2012, Revere Copper Products, Inc. has concluded an agreement with an entity of the Louis Berkman Company to purchase the assets of Follansbee Steel, one of the metal construction industry’s oldest and most respected companies. Revere will move, install and operate the equipment in Rome, NY. Follansbee and Revere have had a long and beneficial partnership producing Revere’s trademark.
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