Archive for April 17th, 2007
Steelworkers Union merger talks
The United Steelworkers, North America’s largest industrial labor union, is considering a possible merger with Amicus, Britain’s biggest manufacturing union, the USW said Monday.The two unions, which currently have a strategic alliance, are planning to sign an agreement Wednesday during the United Steelworkers 50th National Policy Conference in Ottawa.
Link to STLtoday - Business - Story [...]
Posted: April 17th, 2007 under Manufacturing News, Steel, Steel International, Steel News.
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Steel takeover Essar buys Algoma
Canada’s Algoma Steel is being acquired by a subsidiary of India-based Essar Global Ltd. in a cash buyout valued at $1.85 billion, the latest in a series of takeovers that has put most of the Canadian steel sector in the hands of foreign firms.
Algoma and Essar said in a joint statement yesterday they had signed [...]
Posted: April 17th, 2007 under Steel International, Steel News.
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