Is Stelco unionized?
Commissioned in 1905 and located on Hamilton Harbour in Hamilton, Ontario, HW currently employs over 750 people. Unionized employees are represented by United Steelworkers Local 1005 (“Local 1005”). This location provides Stelco with access to the Great Lakes and the St Lawrence Seaway system.
Is Stelco owned by US Steel?
Stelco Holdings Inc. (known as U.S. Steel Canada from 2007 to 2016) is a Canadian steel company based in Hamilton, Ontario. Stelco was founded in 1910 from the amalgamation of several smaller firms. It continued on for almost 100 years, until it filed for bankruptcy in 2007 and was bought by U.S. Steel.
How many employees does Stelco have?
2,000
Stelco/Number of employees
Who owns Stelco Nanticoke?
U.S. Steel Canada purchased Stelco in 2007 for an exact sum figure of $1,100,000,000 ($1,372,925,694.11 in today’s money).
Why work at Stelco?
Stelco was born out of an era of tremendous change, and Canada’s steel company forged its reputation on adapting to customer needs. Asserting an innovative, forward-thinking vision has been central to Stelco’s resilience through the years, as generations of Stelco employees have left their mark on their company, communities, and their country.
What happened to Stelco Steel Canada?
In November 2016, a deal was struck to sell U.S. Steel Canada to Bedrock Industries. On December 2, 2016, the company took the “Stelco” name again. In 2017, an initial public offering raised CA$200 million for the company.
Who was the first president of Stelco?
History. Charles S. Wilcox, president of the Hamilton Steel and Iron Company at the time of the consolidation, was appointed the first president of Stelco. He held the position until 1916, continuing on with the company as chairman of the board until his death in 1938.
What happened to Stelco’s non core operations?
Several non-core operations were divested, including Stelwire, Norambar (formerly Stelco McMaster Works) and Welland Pipe. The CCAA exit has seen the remaining operations restructured into 9 separate operating businesses, held by the corporate entity of Stelco.