President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S.
(CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel, a deal that Northwest Indiana ... employees in Gary, and now it's down to 4,000. "I was advocating ...
Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.
While the decision was lauded by fellow Democrats, Gary, Indiana mayor Eddie Melton expressed disappointment in Biden's move. "We felt the technology that Nippon was bringing to this steel ...
Nippon has pledged to invest $2.7 billion in US Steel’s unionized mills outside of Pittsburgh and in Gary, Indiana. But CFIUS wasn’t the only obstacle in the deal’s path: The US Justice ...
“Our communities in the Mon Valley of Pennsylvania as well as Gary, Indiana ... Steel provided a new agreement that addressed each of the concerns that USW leadership had raised with us.
For its part, Nippon has pledged to invest billions of dollars to upgrade U.S. Steel facilities in the Mon Valley near Pittsburgh and in Gary, Indiana. What happens next not only has consequences ...
US STEEL CEO: GOVERNMENT FAILED OUR COUNTRY AFTER ... likely close steel mills in Pennsylvania's Monongahela Valley and Gary, Indiana, that had been slated to receive a multi-billion-dollar ...
Gary Indiana Mayor ... Melton said U.S. Steel had more than 30,000 employees in Gary, and now it's down to 4,000. "I was advocating for a transaction that would've put us in a very strong fiscal ...
Steam produced by the US Steel Gary Works plant stretches for miles along the Lake Michigan coast line. The Gary, Indiana, community has had to deal with job losses at the plants, which emit ...