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U.S. Steel to invest $750 million to revitalize flagship Gary plant in wake of Trump tariffs
Chicago Tribune ^
| August 16, 2018
| Robert Chsnnick
Posted on 08/18/2018 1:11:54 PM PDT by John W
U.S. Steel announced Thursday that it is investing $750 million to revitalize its flagship Gary plant to gear up for increased demand in the wake of President Donald Trump’s tariffs on imported steel.
The company said the investment will make “significant upgrades” to increase efficiencies at the 110-year-old Northwest Indiana plant, which is U.S. Steel’s largest, employing 3,800 workers.
(Excerpt) Read more at chicagotribune.com ...
TOPICS: Business/Economy; News/Current Events; US: Illinois; US: Indiana
KEYWORDS:
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To: katana
Always impressive that those places have no shortage of rust on display...
21
posted on
08/18/2018 2:36:31 PM PDT
by
Paladin2
(no spelchek, no problem...)
To: katana
Did you drive by in your Flying Car?
We've been pimped....
22
posted on
08/18/2018 2:37:20 PM PDT
by
Paladin2
(no spelchek, no problem...)
To: Jimmy Valentine
"..Baltimore Sparrows Point plant..."
Wasn't that site demolished?
23
posted on
08/18/2018 2:39:18 PM PDT
by
Paladin2
(no spelchek, no problem...)
To: John W
Women and minorities hit hardest.
24
posted on
08/18/2018 3:05:28 PM PDT
by
DakotaGator
(Weep for the lost Republic! And keep your powder dry!!)
To: John W
***Those jobs are gone and they’re not coming back.***
25
posted on
08/18/2018 3:06:49 PM PDT
by
Rebelbase
(Consensus isn't science.)
To: John W
No nation can be great if it can’t produce its own steel.
26
posted on
08/18/2018 3:09:28 PM PDT
by
odawg
To: John W
The Gary Works was always the big dog on the block, but 50 - 70 years ago, the Chicago/East Chicago/Gary corner of Lake Michigan was replete with steel mills: Wisconsin Steel, Inland Steel, US Steel South Works, Acme Steel and Inland Steel are the ones I remember - and they’re long gone. Good to see that the Gary Works is still going strong.
27
posted on
08/18/2018 3:44:04 PM PDT
by
Stosh
To: Stosh
And add Republic Steel to that list.
28
posted on
08/18/2018 3:45:04 PM PDT
by
Stosh
To: Stosh
Grandpa worked at Wisconsin Steel, Pop worked at Republic.
To: McGavin999
If they get it going again, it wouldn’t last! Just paint everything rust brown and keep the fires burnin’!
30
posted on
08/18/2018 3:59:50 PM PDT
by
BradyLS
(DO NOT FEED THE BEARS!)
To: Paladin2
To: John W
"investing $750 million to revitalize its flagship Gary plant to gear up for increased demand"
That's a whole lot of local contract work. A whole lot. Yipee-Kai-Yay, Hans.
To: MomwithHope
Neat! My grandfather worked at Wisconsin Steel as well, and I spent some time at Republic!
33
posted on
08/18/2018 4:46:27 PM PDT
by
Stosh
To: John W
When it comes down to it, that isn’t a lot of money.
34
posted on
08/18/2018 4:49:15 PM PDT
by
tet68
( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
To: John W
Things that make you go, hummm.
To: muleskinner
President Trump and his magic wand 🧙♂️
36
posted on
08/18/2018 5:10:00 PM PDT
by
littleharbour
("You take on the intel community they have six ways from Sunday at getting back at you" C. Schumer)
To: Paladin2
No flying car (Damn you, Popular Mechanics! Damn you to Hell!). That factory complex is even impressive from ground level on I-80.
37
posted on
08/18/2018 5:10:58 PM PDT
by
katana
(We're all part of a long episode of "The Terrific Mr. Trump")
To: katana
I took the overnight Rochester to Chicago round trip in a sleeper car a few years ago. We went past this plant in the early morning hours. It is a city unto itself.
38
posted on
08/18/2018 9:21:05 PM PDT
by
printhead
(I need a new tagline. Happy days are here again.)
To: dsrtsage
Democrats Outraged?Of course - especially since much of it will be quality high-CARBON steel - gonna ruin the environment for sure .....
39
posted on
08/19/2018 3:41:46 AM PDT
by
trebb
(So many "experts" with so little experience in what they preach....even here...)
To: lonevoice
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