New steel to roll out of Hamilton by Sept.
April 29, 2010
BY STEVE ARNOLD
Hamilton Spectator
http://www.thespec.com/News/BreakingNews/article/760416
New steel could be flowing through two idled Hamilton mills before the end of September.
The president of the German company buying the U. S. Steel Canada facilities said he plans to have the plants staffed and operating by the third quarter of the year once government approvals and permits have been received and workers hired.
Thomas Fetzer, president of Max Aicher (North America) Inc., said he expects to hire between 150 and 200 people for the first phase of the Hamilton project, with more in the future as business demands.
“We hope to move forward quickly on this,” he said. “We think we are going to have a real advantage in Hamilton because it is the steel capaital of Canada. People here know steel and we can use that knowledge.”
On Wednesday U. S. Steel Canada announced the sale of its No. 1 bar mill and No. 3 bloom and billet mill to the Aicher group. The plants have been idle since Janaury 2009, but Fetzer said they have been kept in good shape and can be brought back to life quickly.
“U. S. Steel has kept them in very good shape,” Fetzer said. “We are going to have hot bars in those mills by the third quarter.”