History of the Wisconsin Steel location at 106th and Torrence: 1977: EDC Holding Corp., an Envirodyne Industries subsidiary, buysWisconsin Steel from International Harvester (now Navistar). 1980: Wisconsin Steel abruptly closes its mill, laying off 3,500employees, and files for Chapter 11 bankruptcy protection. 1981: The U.S. Economic Development Administration, an arm of theU.S. Commerce Department, takes title to the mill in a court-orderedbankruptcy auction. The agency was liable for $55 million afterEnvirodyne defaulted on federally guaranteed loans. 1982: After selling off some of the mill's assets, the EDA puts thecomplex up for sale. 1985: The Southeast Chicago Development …
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