Bethlehem Steel Employed 31,000 People at Its Peak. The Lehigh Valley Replaced It With Two Rival Hospital Systems and a Warehouse Boom -- Neither One Aware of the Other.
Bethlehem Steel defined the Lehigh Valley for a century before its 1995 collapse. What replaced it wasn't one successor but two unrelated private bets, healthcare rivalry and warehouse geography, that together outgrew steel without ever coordinating.
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