New Ownership a Boost for Steel Town Employment?

| Saturday, September 1st, 2007 | Comments Off

United States Steel Corp fresh off the purchase of Hamilton steel powerhouse Stelco, has informed union leaders that the new ownership will be investing upwards of $100 million into the operations.

The move is said to upgrade the facility and maintain current workforce levels. This is reassuring news to the plant’s 4,000 workers who have survived over 2,500 job cuts, since 2004.

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