US Steel announces $1 billion investment in Mon Va
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Posted On: 05/02/2019 5:58:48 PM
US Steel announces $1 billion investment in Mon Valley Works...
Updated: May 2, 2019 - 3:22 PM
https://www.wpxi.com/news/top-stories/us-stee...1-qyiitL8U
Updated: May 2, 2019 - 3:22 PM
Quote:
BRADDOCK, Pa. - The United States Steel Corporation announced Thursday a $1 billion investment into the Mon Valley Works.
Officials behind it said this will help revitalize the area and also shows a true commitment to what the steel city was built on.
The ultimate goal is to build a new endless casting and rolling facility at the Edgar Thomson Plant in Braddock and a cogeneration facility at the Clairton Plant.
This is cutting-edge technology that very few in the world have seen or experienced.
Officials said the endless casting and rolling puts U.S. Steel at the top of the charts, making it a market leader.
It combines the casting and rolling into one straight process. That’s never been done before.
On top of creating high-strength steel, it is environmentally friendly, energy efficient and reduces the carbon footprint.
The facilities are expected to be completed and in operation by 2022.
WPXI's Damany Lewis and Courtney Brennan will have the latest details on the plan and the impact on the community for Channel 11 News at 5 p.m.
https://www.wpxi.com/news/top-stories/us-stee...1-qyiitL8U
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