Trumbull Steel

Trumbull Steel was an American finished steel and tinplate manufacturer based in Warren, Ohio, in the United States. Founded in 1912, it opened its first steel plant on July 23, 1913. The company rapidly expanded its plant over the next decade, and acquired Liberty Steel in 1919. An attempt to float $20 million in bonds in 1925 exposed financial mismanagement and embezzlement by the company's president. Investor Cyrus Eaton from Cleveland, Ohio, took advantage of the collapse in stock price to seize control of the company. Trumbull Steel became profitable again. Eaton merged Trumbull Steel with Republic Steel on November 25, 1927, ending Trumbull's corporate existence.