Currently viewing the tag: "steel"

Timken today announced that it is investing $50 million to expand its operations in Canton.

Slated to begin this year, the investment is for the installation of a new intermediate finishing line at the Gambrinus Steel Plant and expansion of the steel lay-down yard at the Harrison Steel Plant’s small-bar mill.

Timken’s Steel Group has had a significant increase in demand across all markets, and 2010 sales are expected to increase by 70 to 80 percent compared to 2009. “The investments have the goal of both meeting demand and continuing to improve the long-term competitiveness of our operations,” […]

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As Gov. Strickland toured a small employee-owned manufacturing company in Steubenville, the Governor talked about recent successes in Washington against Chinese steel dumping and what its meant for steel manufacturing in Ohio:

Strickland noted that trade policies, including a recent ruling protecting American pipe manufacturers from dumping by the Chinese, led to the $650 million project under way to build a new steel mill near Youngstown, V&M Star Steel. He noted he had testified about the impact of dumping on Ohio mills and manufacturers. Strickland said U.S. Steel plans to announce another $600 million investment in steel facilities […]

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