The following is a brief history of Standard Steel and its predecessors:
1795 - Freedom Forge founded to manufacture iron bars and rods
1808 - Original forge destroyed by fire
1811 - Freedom Iron Works established with an annual capacity of 145 tons
1812 - Blast furnace installed
1829 - Pennsylvania Canal reached Lewistown
1833 - Company name changed to Norris Rawle and Company
1834-1835 - Completed construction of the Greenwood Furnace; annual capacity increased to 800 tons
1849 - Pennsylvania Railroad was extended west to Lewistown
1856 - Renamed Freedom Iron Company, annual capacity was 1310 tons; the first ring mill in the United States was installed to produce 2000 locomotive tires per year
1861 - Andrew Carnegie invests in Freedom Iron Company, one of his initial investments in metals industry
1865 - Company name changed to Freedom Iron and Steel
1867 - "Emma" blast furnace built
1868 - Two five-ton Bessemer converters, a rail mill, and a ten-ton steam hammer were added
1870 - Company name changed to Logan Iron and Steel; blast furnace enlarged and new crucible steel melting introduced with an additional steel making capacity of 1500 tons per year
1875 - Company name changed to Standard Steel; Charles T. Perry appointed as President
1895 - Standard Steel designed and introduced the first bolted and steel-tired railroad wheel
1895-1897 - Three open hearth steel making furnaces added and blast furnace operations ended; William Burnham appointed as President
1898 - Forge Shop built to produce railroad axles
1903 - Spring Shop constructed to produce railroad and locomotive springs
1904 - Standard Steel developed the STANDARD WHEEL, a forged-and-rolled railroad wheel which became the new standard of the American railroad industry
1917 - Two 75-ton open-hearth furnaces and a new wheel mill added
WWI - Commercial operations modified to include artillery shells and howitzer forgings
1930 - Standard Steel developed the FREEDOM WHEEL, the railroad industry's first heat-treated wheel
1939 - Standard Steel produces one-fifth of the locomotive tires in the United States
WWII - Commercial operations changed to include the production of gun barrels, tank castings and military forgings; annual steel making capacity was 160,000 tons
1958-1971 - Four electric arc steel melting furnaces replaced open hearth steel production and two vacuum arc remelting furnaces were installed for specialty steel applications; argon oxygen decarburization refining vessel installed for stainless steel making
1968 - World's largest automated axle-forging-machine and matching equipment added
1972 - Standard Steel purchased by Titanium Metals Corporation of America
1975-1979 - Ingot production converted to higher-quality bottom-poured cylindrical-ingot design
1976 - Purchased Latrobe Forge & Spring Company, an electric-furnace steel producing and forging plant
1977 - Installed the largest modern ring-rolling mill in the United States
1981 - Incorporated as Freedom Forge
1982 - Modernized the railroad wheel forge shop and introduced the S-WHEEL
1989 - Senior management team purchased Standard Steel
1995 - Celebrated Bicentennial
1996-1998 - Modernized railroad wheel forge shop, the largest investment in Company’s history.
1999 - Phased array development installed
2001 - Freedom Forge files for Chapter 11 bankruptcy protection
2002 - Standard Steel, LLC emerges from Chapter 11 after being acquired by Citigroup Venture Capital and Farrell & Co
2003 - Exited rolled ring product line
2004 - Closed and sold Latrobe facility to Lehigh Specialty Melting, Inc., subsidiary of the Park Corporation
2006 - Standard Steel sold to Trimaran Capital Partners and Farrell & Co.
2007 - Installed new wheel heat treating facility and enhanced wheel forge shop