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Dura-Bond Industries buys assets of idled U.S. Steel McKeesport plant · Endata

◂ Announcements

Jan 20, 2017ACQUISITIONMcKeesport, Pennsylvania, United States

Dura-Bond Industries buys assets of idled U.S. Steel McKeesport plant

Dura-Bond Industries purchased the manufacturing assets of an idled U.S. Steel Corp. steel plant in McKeesport, Pennsylvania. The company plans to restart production, making tubular products for the energy industry, and expects to create at least 100 jobs.

Jobs

100

Status

Announced

Productstubular products (smaller diameter pipes) for the energy industry

CompaniesU.S. Steel target Dura-Bond Industries acquirer

Sectors#Steel and Metal Products

“The company aims to revive the facility as a domestic mill, which will use domestic feedstock.”news.metal.com

1 source
news.metal.comShuttered U.S. Steel McKeesport plant gets new life - Shanghai Metals Market (SMM)Jan 20, 2017

Summarized from public sources; check the original articles before acting on it.

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