▁Common we al ther ▁printed ▁a ▁statement ▁from ▁the ▁president ▁of ▁the ▁company , ▁Clar ence ▁Howard , ▁announ cing ▁Commonwealth ▁Ste el ▁was ▁" working ▁out ▁a ▁plan ▁of ▁un ification " ▁with ▁the ▁newly ▁created ▁General ▁Ste el ▁Cast ings ▁Corporation . ▁ ▁With ▁a ▁capital ization ▁of ▁$ 1 0 ▁million , ▁the ▁company ▁was ▁acquired ▁by ▁the ▁newly ▁formed ▁General ▁Ste el ▁Cast ings ▁Corporation ▁for ▁a ▁reported ▁$ 3 5 ▁million . ▁ ▁The ▁merge ▁was ▁effective ▁" def initely ▁on ▁July ▁ 3 0 , ▁ 1 9 2 9 " ▁and ▁the ▁Commonwealth ▁Ste el ▁Company ▁became ▁the ▁" Common wealth ▁Division " ▁of ▁General ▁Ste el ▁Cast ings ▁Corporation . ▁ ▁General ▁Ste el ' s ▁" E dd yst one ▁Division " ▁would ▁consist ▁of ▁a ▁new ▁found ry , ▁still ▁under ▁construction ▁in ▁ 1 9 2 9 , ▁on ▁the ▁banks ▁of ▁the ▁Del aware ▁River ▁in ▁Edd yst one , ▁Pennsylvania , ▁near ▁Bald win ▁Lo comot ive ' s ▁facilities . ▁ ▁References ▁ ▁Category : Ste el ▁companies ▁of ▁the ▁United ▁States ▁Category : Found ries ▁in ▁the ▁United ▁States ▁Category : Comp an ies ▁based ▁in ▁Mad ison ▁County , ▁Illinois ▁Category : American ▁companies ▁established ▁in ▁ 1 9 0 1 ▁Category : Man ufact uring ▁companies ▁established ▁in ▁ 1 9 0 1 ▁Category : Man ufact uring ▁companies ▁dis est ab lished ▁in ▁ 1 9 2 9 ▁Category : 1 9 0 1 ▁establish