U.S. Steel announces up to $2.5 billion investment in Pennsylvania facility upgrades
By
Lucas Dufalla/pittsburgh’s Public Source
Summary
U.S. Steel plans to invest up to $2.5 billion in upgrades to its Mon Valley Works facility in Pennsylvania. The investment is projected to generate $1.7 billion for the state through wages and construction costs. The upgrades will preserve approximately 3,000 existing jobs and create nearly 3,200 indirect and induced jobs over a three-year period.
Source
bskyU.S. Steel announces up to $2.5 billion investment in Pennsylvania facility upgradesbit.lyKey quotes
· 2 pulledU.S. Steel plans to invest up to $2.5 billion into upgrades to its Mon Valley Works, which it forecasts will generate $1.7 billion for the state
The investment will preserve the roughly 3,000 jobs at Mon Valley Works and create nearly 3,200 indirect and induced jobs over a three-year period
You might also wanna read
Apple Boosts U.S. Investment to $600 Billion, Adds 450,000 Jobs
Apple has announced an additional $100 billion commitment to the U.S., bringing its total investment to $600 billion over four years. This i
Another Chinese firm joins Egypt’s $4.5 billion tyre manufacturing boom with $300 million plant
US employers spend over $1.5bn annually on union opposition efforts, EPI report finds
A report by the Economic Policy Institute reveals that US employers spend over $1.5 billion annually on union opposition efforts, including
theguardian.com·1mo agoUS employers spend over $1.5bn annually on union opposition efforts, EPI report finds
A report by the Economic Policy Institute reveals that US employers spend over $1.5 billion annually on union opposition efforts, including
theguardian.com·1mo ago
Trump Administration Approves $1 Billion Loan to Restart Three Mile Island Nuclear Reactor with Microsoft Power Purchase Agreement
The Trump administration is providing Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island, which h
techcrunch.com·7mo ago
U.S. Government Acquires 10% Stake in Intel with $8.9 Billion Investment
The U.S. government has acquired a 10% stake in Intel through an $8.9 billion investment, purchasing 433.3 million shares at $20.47 per shar
cnbc.com·10mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.