sentences:  The company entered bankruptcy in 2001, but emerged in 2003 with the new name and new owners.The reborn company employs over 260 hourly and 100 salaried workers in the area.Laclede Steel was incorporated in 1911 by Thomas Russell Akin who was succeeded by William Markham Akin who in turn was succeeded by Paul B. Akin (Paul's son Congressman and 2012 Republican Senate nominee Todd Akin was a manager of the company but did not become chairman).