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Toomey Perplexed By U S Steel s Cancellation Of $1 5B Mon Valley Works Upgrade

StateImpact Pennsylvania Last week, U.S. Steel announced it would abandon a $1.5 billion investment in its Clairton Coke Works and two other Mon Valley plants. Local labor and industry are still reeling from “Honestly, I’m not sure who to blame for this, and that’s why I’m asking questions – I’ll be speaking with folks at the company very soon,” the Republican said. “And I think we do want to understand what could have happened here, because it certainly seemed like a great project that had a lot going for it.” “Why did this look like a good project two years ago, and then two years later it’s all over?” Toomey asked.

In the face of most Democrats opposition, US Steel cancels a billion-dollar investment

Print this article BRADDOCK, Pennsylvania Exactly two years ago, U.S. Steel Corporation announced that the company would turn its Mon Valley operations into a key source of lightweight steel for the automotive industry. At the time, local leaders and company officials called the investment “transformational.” Statue of Joe Magarac, a folktale steelworker who could bend steel with his bare hands, in front of the 148-year-old Edgar Thomson Works. (Shannon Venditti / Washington Examiner) It involved a whopping $1.5 billion upgrade to its Mon Valley Works. This included an upgrade of the Edgar Thomson Works in Braddock, the Irvin Plant in West Mifflin, and Clairton Coke Works, with technology and improvements that would have provided cleaner air for all three communities where the plants are located, as well as good-paying jobs that would have provided prosperity for the region for decades.

U S Steel nixes $1 billion upgrades at Mon Valley Works facilities

Nate Smallwood | Tribune-Review The May 2, 2019, event where U.S. Steel announced a $1 billion investment to upgrade Mon Valley Works facilities. Nate Smallwood | Tribune-Review U.S. Steel CEO David Burritt on May 2, 2019, announcing $1 billion in investments in the Mon Valley Works facilities. Just under two years later, on April 30, Burritt announced the company was scrapping the plan.   TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. Pittsburgh-based U.S. Steel will cancel plans for more than $1 billion in upgrades and investment at the Mon Valley Works facilities, CEO David Burritt said in a letter to the community released Friday.

Key takeaways from today s US-hosted climate change summit

Key takeaways from today s US-hosted climate change summit President Biden joined dozens of world leaders today as part of a two-day virtual summit to address the global climate crisis.   Here were some of the notable developments from the summit: Global call to action: Biden asked world leaders to take action to combat climate change collectively as he announced an aggressive new goal for greenhouse gas emissions. Biden pointed to actions the US would take, an effort to reassert US leadership and put the US back to the center of the global effort to address the climate crisis after the Trump administration largely disengaged. “The signs are unmistakable, the science is undeniable that the cost of inaction, it just keeps mounting. The United States isn’t waiting. We are resolving to take action, not only our federal government, but our cities and our states all across our country, small businesses, large corporations, American workers in every field,” he said.

State energy, manufacturing, building trades, business leaders tout Pennsylvania natural gas

Pennsylvania Business Report State energy, manufacturing, building trades, business leaders tout Pennsylvania natural gas © Shutterstock With President Joe Biden’s $3 trillion infrastructure package on the table, Pennsylvania’s top building trades, business, manufacturing, and energy leaders on Wednesday stressed how state-produced natural gas plays a pivotal role in sustaining climate progress, creating good-paying jobs, and ramping up national security. “Thanks to America’s energy renaissance, Pennsylvania is well positioned to re-shore more manufacturing because domestic energy abundance gives us a new competitive advantage,” said Pennsylvania Manufacturers’ Association (PMA) President and CEO David Taylor, who was joined during the April 21 press conference by Marcellus Shale Coalition President David Callahan; Kevin Sunday, director of government affairs for the Pennsylvania Chamber of Business and Industry (PA Chamber); and Tom Melcher, who is both co-chairman

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