Lackawanna Steel Company
| Company type | Public |
|---|---|
| Industry | steel manufacturing, railroads, coal mining |
| Founded | 1840 |
| Founder |
|
| Defunct | 1922 purchased; 1982 ceased operation |
| Headquarters | |
Area served | United States |
Key people |
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| Products | Steel, coke |
| Services | Rail transport |
| Parent | Bethlehem Steel after 1922 |
| Subsidiaries | Delaware, Lackawanna and Western Railroad |
The Lackawanna Steel Company was an American steel manufacturing company that existed as an independent company from 1840 to 1922, and as a subsidiary of the Bethlehem Steel company from 1922 to 1983. Founded by the Scranton family, it was once the second-largest steel company in the world (and the largest company outside the U.S. Steel trust). Scranton, Pennsylvania, developed around the company's original location. When the company moved to a suburb of Buffalo, New York, in 1902, it stimulated the founding of the city of Lackawanna.