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U.S. Steel Inc. purchased Granite City Steel from National Steel out of bankruptcy in 2003 and renamed the plant U.S. Steel-Granite City Works. Workers from Granite City will be offered incentives ...
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News broke Wednesday that United States Steel plans to sell its two blast furnaces at Granite City Works to SunCoke Energy, Inc.. If the sale goes through, it could cost the region approximately ...
The property at 1417 State Street, Granite City, Illinois was purchased by Granite City Steel, a subsidiary of National Steel Corporation, [29] in 1974 [44] and the property became known as the South Plant. Granite City Steel likely occupied the facility until the parent company's bankruptcy liquidation in 2003. [45]
U.S. Steel acquired National Steel Corporation in May 2003 for $850 million and assumption of $200 million in debt. U.S. Steel operates Great Lakes Works [117] in Ecorse, Michigan, Midwest Plant in Portage, Indiana, and Granite City Steel in Granite City, Illinois. In 2008 a major expansion of Granite City was announced, including a new coke ...
US Steel's complex was formerly known as the Granite City Steel Co. Downtown is at the southwestern part of the city and is home to much of the city's industry, including the Granite City Steel Works. Downtown Granite suffered a downturn in the 1970s, which vacated much of its commercial buildings and in turn, urban decay began. More recently ...
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Before joining U.S. Steel, Burritt spent 32 years at Caterpillar, where he was the company's CFO. During his tenure as CEO, Burritt oversaw the reopening of the Granite City Works steel mill in Illinois in 2018. [5] [6] He also led the ratification of a new four-year contract with the United Steelworkers in 2018. [7]