text: Cyrus Eaton (1883–1979) in 1925 purchased the small Trumbull Steel Company of Warren, Ohio, for $18 million. In the late 1920s he purchased undervalued steel and rubber companies. In 1930, Eaton consolidated his steel holdings into the Republic Steel, based in Cleveland; it became the third-largest steel producer in the U.S., after US Steel and Bethlehem Steel.