wiredinUSA November 2012

EASIER QUICKER LIGHTER Unique, original-content news and information for the domestic US wire and cable market INDEX

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Steel mill expans i on

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Charter Steel is to expand its electric arc furnace in Cuyahoga Heights. The Charter expansion, which will increase capacity by about 25 percent, is the latest in a long string of major steel investments made in the region since the beginning of last year. In all, around half a billion

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dollars has been spent -- $100 million to expand US Steel operations in Lorain, $85 million at Republic Steel’s Lorain plant, $225 million for a massive expansion at Timken’s Faircrest Steel plant near Canton and $57 million for a Youngstown steel processing plant. Although Charter Steel won’t add any new jobs in Cleveland as part of the expansion, some other steel producers, including ArcelorMittal and US Steel have increased their workforce.

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wiredInUSA - November 2012

wiredInUSA - November 2012

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