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A. Finkl & Sons Steel

Coordinates: 41°43′29″N 87°35′23″W / 41.7248°N 87.5898°W / 41.7248; -87.5898
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41°43′29″N 87°35′23″W / 41.7248°N 87.5898°W / 41.7248; -87.5898

Lincoln Park location in 2011 (now demolished)

A. Finkl & Sons Steel or Finkl Steel is a steel mill that operates in the South Side of Chicago (previously the Near North Side)[1] and has been in business since 1879[2] or 1880.[3][4]

History

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Video of Finkl Steel metal being forged in 2003
inside Finkl steel in 2005
Steel for recycling in 2013
Metal being forged in 2010
Entrance to the newly demolished factory in 2015

The main mill operated along a roughly 22-acre lot along the eastern portion of the Chicago River in the Lincoln Park neighborhood for over 112 years before being demolished.[5] The Lincoln Park location was Chicago's oldest steel mill.[6]

In 2006, it bought the site of the former Verson Steel on Chicago's South Side.[7] It was purchased by the Swiss Steel Group in 2008, and has since operated from that location.[8] [9]

In 2016, real estate developer Sterling Bay purchased the Lincoln Park site for a sum believed to be over $100 million[10] and renamed the site to Lincoln Yards.[11]

References

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  1. ^ "The relocation of Finkl to the South Side is a rare gift". Crain's Chicago Business. Retrieved 2017-11-01.
  2. ^ "A. Finkl & Sons Co.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-11-01.
  3. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2018-12-15. Retrieved 2017-04-21.{{cite web}}: CS1 maint: archived copy as title (link)
  4. ^ "The Clybourn Experiment (February 18, 1990)". Retrieved 2017-03-15.
  5. ^ "Sterling Bay completes deal for massive Finkl Steel site". Crain's Chicago Business. Retrieved 2017-03-15.
  6. ^ "Manufacturing Consent: Chicago's Oldest Steel Mill Will Soon Be Demolished. What Will Replace It When It's Gone? - Belt Magazine | Dispatches From The Rust Belt". Belt Magazine | Dispatches From The Rust Belt. 2015-01-20. Retrieved 2017-04-21.
  7. ^ "A. Finkl & Sons buys Verson Steel's South Side site". Crain's Chicago Business. Retrieved 2017-03-15.
  8. ^ "Finding Finkl's Future". Chicago Tonight | WTTW. Retrieved 2017-03-15.
  9. ^ "Locations". Swiss Steel Group. Retrieved 2024-03-25.
  10. ^ "Sterling Bay completes deal for massive Finkl Steel site". Crain's Chicago Business. Retrieved 2017-04-21.
  11. ^ "Sterling Bay Woos Amazon HQ With Renamed Finkl Steel Site — Lincoln Yards". DNAinfo Chicago. Archived from the original on 2017-11-12. Retrieved 2017-11-12.
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