Creusot-Loire was a French engineering conglomerate, formed from factories in Le Creusot and Châteauneuf, Loire.
[1] The Creusot-Loire subsidiary of ArcelorMittal also includes an Innovation, Research and Development centre for the group.
[2] The group was formed in 1970 as a result of Compagnie des ateliers et forges de la Loire (owned by Marine-Firminy) and Société des Forges et Ateliers du Creusot [fr] (owned by Schneider) merger.
[6] In 1984 the organisation became bankrupt with debts of $633 million;[7] the company's owner Empain-Schneider rejected state aid as the conditions included giving away control of another subsidiary Jeumont Industrie.
[9][10] In September 2015, Industeel was touting its homogeneous armour products and its ballistic protection steel plates.