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yortsed snacilbuper

(7,939 posts)
Sun Oct 14, 2012, 12:02 AM Oct 2012

Steel company Esmark restarting Ohio plant

The former operator of Wheeling-Pittsburgh Steel has acquired the defunct steel maker's Yorkville, Ohio, plant and a 50 percent stake in a related joint venture for $6.3 million.

Sewickley-based Esmark said it plans to restart the Yorkville plant in January and hire about 160 workers who will be covered by a four-year contract that has been negotiated with the United Steelworkers union. Esmark will invest more than $15 million to purchase steel sheet and other supplies necessary to restart the mill, which will be known as Ohio Cold Rolling.

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Steel company Esmark restarting Ohio plant (Original Post) yortsed snacilbuper Oct 2012 OP
The timing of this news is perfect liberal N proud Oct 2012 #1
American jobs. ffr Oct 2012 #2
Not just American jobs, but UNION jobs in steel AllyCat Oct 2012 #6
I can Rec Betsy Ross Oct 2012 #3
It probably won't happen jenw2 Oct 2012 #4
It's not such a big deal, I worked there. The plant they may doc03 Oct 2012 #5
employ 200 with living wages leads to spin off jobs due to a spike in local demand for product Sirveri Oct 2012 #7
Your right about that 200 jobs are better than nothing. The real doc03 Oct 2012 #8
ugh. Thanks for posting this. Good news to hear it will be running. limpyhobbler Oct 2012 #9

liberal N proud

(60,335 posts)
1. The timing of this news is perfect
Sun Oct 14, 2012, 12:08 AM
Oct 2012

This has to help solidify Obama's lead with news of new jobs in this key state.

AllyCat

(16,188 posts)
6. Not just American jobs, but UNION jobs in steel
Sun Oct 14, 2012, 02:49 AM
Oct 2012

This is an uptick for manufacturing here from American raw materials!

doc03

(35,340 posts)
5. It's not such a big deal, I worked there. The plant they may
Sun Oct 14, 2012, 01:07 AM
Oct 2012

restart will only employ maybe 200 at best. Meanwhile the plant I worked in that employed over 2000 3 years ago is going to be scraped. Also Esmark owned the company previously about 4 years ago and their poor management destroyed the company in the first place.

Sirveri

(4,517 posts)
7. employ 200 with living wages leads to spin off jobs due to a spike in local demand for product
Sun Oct 14, 2012, 07:57 PM
Oct 2012

I don't know enough about the rest of their operation to really comment, but good paying jobs for American's are typically a good thing unless they're killing better paying jobs in other places to harvest the profit for themselves.

doc03

(35,340 posts)
8. Your right about that 200 jobs are better than nothing. The real
Sun Oct 14, 2012, 08:52 PM
Oct 2012

story is where was Gov. Kasich and our Congressman Bill Johnson when they liquidated the
company. We never heard a peep from either one until Esmark made an announcement they were going to restart the plant now everyone shows up in town for credit.

limpyhobbler

(8,244 posts)
9. ugh. Thanks for posting this. Good news to hear it will be running.
Sun Oct 14, 2012, 09:06 PM
Oct 2012

At 200 jobs it's a shadow of it's former self. But it is good for morale and spirit in the valley to have it running. It does mean a lot to the people who live there. Growing up I had several relatives that worked in exactly that mill.

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