After its formation, the Bethlehem Steel Corporation purchased the Bethlehem Steel Company and the remaining subsidiaries from the United States Shipbuilding Company; the Bethlehem Steel Corporation did not purchase the United States Shipbuilding Company. The Bethlehem Steel Company became a subsidiary of the Bethlehem Steel Corporation, though the Bethlehem Steel Company also had subsidiaries of its own. Bethlehem Steel Corporation became the second largest steel provider in the United States with the help of its subsidiary Bethlehem Steel Company. Both the Bethlehem Steel Company and the Bethlehem Steel Corporation existed simultaneously after 1904. Bethlehem Steel Company was eventually merged into Bethlehem Steel Corporation in the 1960s.