Word: weirton
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...Rescuing Weirton...
...would be wonderful if the people of Weirton banded together and successfully purchased the faltering Weirton Steel Co. [Aug. 9]. Watching Weirton Steel rise from its own financial ashes would inspire other companies in similar predicaments. With much hard work, Weirton might pull...
...described the Weirton buyout as "a kind of homespun socialism." Rather, the story appears to be about a heartening attempt at grass-roots capitalism that could be good...
Shimko should talk to Dick Heilman, 52, who went to work at Weirton Steel in 1948. Heilman would hate to forgo any of the perks, among them free dental care and double pay for overtime, let alone lose 32% of his $29,000 pipefitter's salary. But, he says, "it's different when you're working for yourself. The minute it was announced that we were going to buy the plant, I noticed people in my section working longer and taking shorter breaks. There's a lot we can do without...
...works, of course, Weirton Steel will have made a startling transformation, from one capitalist's prosperous fief to the principal U.S. enclave of-yes-a kind of homespun socialism. But Weirtonians think more in terms of preserving a place where rich, hard-working lives have been uncommonly possible. If there really is a way for every will, willful Weirton may just have a chance to live happily ever after. -By Kurt Andersen. Reported by J. Madeleine Nash/Weirton