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.