Trump OKs Nippon Steel investment in U.S. Steel
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Gary Mayor Eddie Melton has been supportive of a deal between Nippon and U.S. Steel for months, citing how it would benefit Gary Works. In August, it was announced that Nippon Steel would invest $300 million into the local facility. A Nippon executive later said the company would invest $1 billion into Gary Works.
There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.
Gary Mayor Eddie Melton said Nippon Steel plans to pump $1 billion in the Gary Works U.S. Steel facility — the largest steel plant in the country.
Gary is hoping the "planned partnership" with Nippon Steel will result in additional investment at U.S. Steel ... with President Trump on the value and impact of this deal for communities ...
The Trump administration successfully worked with Nippon Steel to ensure the US is still in control of U.S. Steel and also ensured the company’s survival.
There's $14 billion of investment that Nippon is going to be ... life working inside the Granite City steel plant. Williams said he worries about the impact the proposed federal deal could have ...
There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.