A variety of low-density parity-check (LDPC) ensembles have now been observed to approach capacity with message-passing decoding. However, all of them use soft (i.e., non-binary) messages and a posteriori probability (APP) decoding of their component codes. In this paper, we analyze a class of spatially-coupled generalized LDPC codes and observe that, in the high-rate regime, they can approach capacity under iterative hard-decision decoding. These codes can be seen as generalized product codes and are closely related to braided block codes. © 2012 IEEE.