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Wednesday, September 21, 2016

Media Release:Statement From Mayor

FOR IMMEDIATE RELEASE

STATEMENT FROM MAYOR EISENBERGER ON TODAY’S ANNOUNCEMENT FROM THE PROVINCE REGARDING THE RESTRUCTURING OF US STEEL.

HAMILTON, ON – September 21, 2016 – The Provincial Government announced this morning that it has signed a Memorandum of Understanding with Bedrock Industries Group to facilitate the restructuring of U.S. Steel.

This proposal is welcome news to Hamilton as it represents a potential solution for sustaining operations, retaining jobs, pensions and benefits for active and retired USSC employees, which is of the utmost importance to our community‎. We will continue to monitor ongoing operations at the Hamilton facility.

The City of Hamilton has a clear and vested interest in promoting the economic development of our city. Support for the development of industrial lands and ensuring the continued protection of our environment remains a priority. We look forward to continuing to serve as a key stakeholder and informant to this process.

2 comments:

  1. Bedrock Industries ?

    Ya ba da ba dooo

    Sorry, i could not resist
    Sorce

    ReplyDelete
    Replies
    1. I too was a little surprised by the suitor, never having heard of them. Perhaps because they are a restructuring unit, not a steel company.
      I suppose any interest is better than no interest, yet it is difficult to be optimistic

      Delete

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