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News From USW: USW Response to Sale of Sparrows Point Mill by ArcelorMittal.
Purchase by Joint Venture of Esmark, Wheeling-Pittsburgh Affirmed
PITTSBURGH -- News From USW: Leo W. Gerard, International president of the United Steelworkers (USW) affirmed today's announcement on the sale of the steel mill in Baltimore of the Sparrows Point Plant of ArcelorMittal USA to Esmark.
"We have been closely monitoring ArcelorMittal's bid solicitations for the sale of Sparrows Point due to Justice Department's orders. We are looking forward to our growing relationship with Esmark and their commitment to invest in the acquisition. We have full confidence that the Esmark venture will grow steelworker jobs in Baltimore and fulfill the commitments to the retirees."
David McCall, USW chair of the ArcelorMittal bargaining committee, said negotiations with both the seller and the new buyer will be initiated and resolved in the very near future. "We should be able to reach an agreement that meets all of the commitments required by our ...
- Esmark Incorporated Confirms Termination of Sparrows Point Transaction. Esmark...
- Press release article from: Business Wire December 17, 2007 700+ words
...the assets of the Sparrows Point business. If the...been completed, Esmark Incorporated would...will oversee the Sparrows Point divestiture have...sale process. Esmark Incorporated plans...statements relating to Esmark Incorporated...in acquiring the Sparrows ...
- Union role in steel sale: Steelworkers have a seat at the negotiating table as...
- Newspaper article from: Baltimore Sun (Baltimore, MD) April 6, 2007 700+ words
...Ill.-based Esmark Inc. is on the short list to buy Sparrows Point from Mittal Steel...to Esmark. When Esmark signed a deal with...the purchase of Sparrows Point's sister plant in Weirton, W.Va., Esmark had the support...
- Esmark Incorporated and Wheeling-Pittsburgh Corporation Participate in Purchase...
- Press release article from: Business Wire August 2, 2007 700+ words
...W. Va. -- Esmark Incorporated and...ArcelorMittal USA's Sparrows Point facility and operations...company that will own Sparrows Point. We expect that...supplier to both Esmark and Wheeling...and dedication to Esmark and to Wheeling...moving forward. "Sparrows ...
- Chicago company tours steel plant: Esmark latest potential buyer to get look at...
- Newspaper article from: Baltimore Sun (Baltimore, MD) April 17, 2007 700+ words
...Chicago-based Esmark Inc. toured Sparrows Point yesterday...said. Only Esmark and CSN of Brazil...which looked at Sparrows Point several years...could support Sparrows Point and bolster...here should Esmark come out the...
- Mittal in talks to sell Weirton: Sale of W.Va. steel plant to Esmark would...
- Newspaper article from: Baltimore Sun (Baltimore, MD) January 19, 2007 700+ words
...Connolly Jan. 19--Sparrows Point owner Mittal Steel...negotiations with Esmark Inc. of Chicago...either Weirton or Sparrows Point to satisfy Justice...officials from Esmark other than a tour...1990s. Mittal is Sparrows Point's third owner...
- Mill to be flagship, workers told: Prime role promised to renamed Maryland...
- Newspaper article from: Baltimore Sun (Baltimore, MD) September 8, 2007 700+ words
...Chicago-based Esmark Inc. won Justice...approval to buy Sparrows Point from ArcelorMittal...again when the Esmark-led group faced...against CSN for Sparrows Point. The two companies...chief to sell Sparrows Point to Esmark despite CSN...
- U.S. orders sale of Sparrows Point: Antitrust decision puts Md. steel plant on...
- Newspaper article from: Baltimore Sun (Baltimore, MD) February 21, 2007 700+ words
...P. Bouchard, Esmark's chairman and...plant and would buy Sparrows Point if given the chance...choose between Sparrows Point and Weirton. While an order to sell Sparrows Point was always a possibility...many off guard. Esmark's Bouchard said...
- U.S. Department of Justice Approves Sale of ArcelorMittal USA's Sparrows Point...
- Press release article from: Business Wire September 5, 2007 700+ words
...agreement with Sparrows Point, which will simultaneously...revenue growth. The Esmark and Wheeling...the pursuit of Sparrows Point. It's a very...he believed the Sparrows Point transaction is...July 10. About Esmark Incorporated Headquartered...