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ArcelorMittal will invest $1.2 billion to build an advanced steel manufacturing facility in Mobile County, Alabama, producing up to 150,000 metric tons annually of non-grain-oriented electrical steel (NOES). Construction begins in late 2025, with production expected in 2027, creating over 200 permanent jobs and up to 1,300 construction jobs.
“This investment supports innovation in electric motors and clean energy while creating high-quality jobs.”gmipost.com
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