
U.S. Steel Plans $750M Upgrade to Gary Facility
U.S. Steel has big plans for its 110-year-old Gary, IN plant. Company President David Burritt says that the steelmaker plans to invest a minimum of $750 million to upgrade the plant, part of $2 billion it will invest across its facilities.
Burritt credited the tariffs on imported steel recently imposed by the Trump administration with improving his company’s competitive position. “U.S. Steel has recently faced several very challenging years, with waves of unfair trade battering our company and the American industry,” Burritt said Thursday. “It took its toll on our employees, and limited our engagement in the local community.”
The Gary Works facility can produce 7.5 million tons of steel per year. Currently, it employs about 3,800 people.
Gary Mayor Karen Freeman-Wilson said U.S. Steel’s commitment meant “stability in a tax base or certainly assistance in a tax base in a community that has struggled.”
For comments, questions or concerns, please contact Paul Bubny