Monday that it will buy Canadian steelmaker Stelco for $2.5 billion., allowing the Cleveland company to add another 1,800 employees. Stelco has facilities in Hamilton and Nanticoke, Ontario.
Cliff’s CEO Lourenco Goncalves praised Stelco in a conference call for investors Monday morning, saying he has long admired what Stelco’s CEO Alan Kestenbaum has done to transform the Canadian company into a low-cost steelmaker. USW President David McCall also praised the sale in a news release, saying Cliffs “has a proven track record of making sure the union always has a seat at the table, and this deal was no different.”
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: WEWS - 🏆 323. / 59 Lire la suite »