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Oct 19 2023
News
Nucor Steel set to break ground Friday
APPLE GROVE, W.Va. — Nucor Steel breaks ground on its $3.1 billion sheet steel plant in Mason County Friday morning. A ceremony is set to start at 10 o’clock at the 1700-acre Apple Grove site where there’s already a lot of activity already taking place. Nucor, which makes new steel from scrap steel, announced its decision to come to West Virginia in January 2022. The state used $300 million in
WV Metro NewsDec 18 2023
News
Storied U.S. Steel sold for $14 billion to Japanese company
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from
The OregonianDec 18 2023
News
US Steel sold to Japanese rival in $14 billion deal
U.S. Steel, a major corporation with a storied history, has been purchased by Japan’s largest steelmaker as part of a multi-billion-dollar acquisition. Nippon Steel Corp. and U.S. Steel announced the deal on Monday morning. The price tag for the acquisition is more than $14 billion. The deal values U.S. Steel at $55 per share, which is much more than shares of the company were trading at just
Washington ExaminerJan 05 2024
News
Steel Bridge Skatepark project moves forward with $15 million in funding
A long-discussed plan to build a skatepark at the west end of the Steel Bridge will finally move forward with $15 million in funding from the city of Portland. The money, estimated to fully fund the project, was announced this week by Commissioner Dan Ryan, who oversees Portland Parks & Recreation. The funds will come from System Development Charges, which are one-time fees levied on new
The OregonianNov 16 2023
News
Nucor Steel Announces $280M Expansion At Tuscaloosa Facility
TCEDA says the investment will allow the mill to produce thinner, stronger, higher-quality plate and a new product line that is not currently manufactured domestically. The project will be located at the company’s existing operations on Holt Road. The company plans to begin construction by the end of the year. “The investment at the rolling mill at Tuscaloosa is important to keep our mill
Patch.comNov 09 2023
News
H5N1 strain of avian flu documented in Steele County
MANKATO, Minn. (KEYC) - Officials in Steele County have documented a “highly pathogenic” form of the avian flu, or bird flu. Similar outbreaks of the H5N1 strain have been detected in several counties in Southern Minnesota according to the Centers for Disease Control. County officials say there is an extremely low risk of infection in humans and potentially infected birds are safe to eat if
KEYCNov 30 2023
News
Steel giant announces plans to lay off hundreds at mill
(FOX BUSINESS) – U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to fire 60% of them due to indefinite idling of iron and steelmaking operations at the facility. The warnings rocked the local community, which will be severely impacted by the move. "You’ve got these small businesses that depend on that income to come in, and
WNDDec 18 2023
News
$14B U.S. Steel deal with Nippon will have ramifications for Iron Range
Nippon Steel's $14.1 billion deal to buy the legendary Pittsburgh company U.S. Steel sent shockwaves through Minnesota's Iron Range on Monday, drawing mixed reactions from local leaders and the United Steelworkers union on what the purchase would mean for three of the region's taconite mines. The United Steelworkers union, which represents workers at the U.S. Steel-owned MinnTac mine in Mt.
Star TribuneJan 29 2024
News
About 1,200 UNRWA staffers have links to Hamas, thousands more closely related to terrorists: Israeli dossier
Around 1,200 staffers with the UN’s Palestinian refugee aid agency have links to Hamas — and thousands more of the workers are closely related to members of Gaza terror groups, according to an Israeli dossier. The damning report – built through interrogations of Hamas terrorists and recovered documents in Gaza – alleges that about 10% of the United Nations Relief and Works Agency’s 12,000
New York Post (News)