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The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton tinplate plant to produce transformers for the electrical sector. Cliffs CEO ...
Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker ...
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Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in ...
In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...
Now, however, that optimism has taken a major blow. Last week, Cleveland-Cliffs announced it’s abandoning the plans in ...
Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in Weirton, area officials continue to react, expressing disbelief and frustration.
Cleveland Cliffs has decided to cancel plans for an electric transformer facility in Weirton, West Virginia, leaving the area to ponder what will happen to the vacant property.
Cleveland-Cliffs Inc. will lay off nearly 1,000 workers ... President and CEO Lourenco Goncalves and his team also are stepping away from plans to build a transformer production plant in West Virginia ...
Earlier this week, union leaders with United Steelworkers say they met with company officials with Cleveland-based Cleveland-Cliffs to talk ... from the state of West Virginia through a forgivable ...
West Virginia, that was expected to start production in 2026 and create 600 jobs. The plant had been idled temporarily in February 2024. Cleveland-Cliffs also announced other operational changes ...