Nippon Steel to acquire U S Steel in $14.1 billion deal
Nippon Steel will buy U S Steel in an all cash deal valued at about 14.1 billion dollars, including debt. The merged group would rank among the top three global steel producers per 2022 World Steel Association data and keep U S Steel’s name and Pittsburgh headquarters. The transaction is projected to close in late 2024 with no immediate changes to operations before closing.
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U.S. Steel
Pittsburgh
Nippon Steel
World Steel Association
U.S
Cleveland Cliffs
Nippon
China
United States
David Burritt
J.P Morgan
Andrew Carnegie
Lorain
Chronicle-Telegram
Latta Visits Lorain MEMS Lab To See Microchip Education
U S Rep Bob Latta toured Lorain County Community College MEMS clean room and met students and faculty. He noted the need to shorten the US supply chain and highlighted Ohio’s onshore chip production goals amid Intel’s near Columbus investment.
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Owen MacMillan
Chronicle-Telegram
U.S
Bob Latta
Lorain County Community College
LCCC
Desich Entrepreneurship Innovation Center
Latta
Bowling Green
MEMS
Ohio
United States
Midwest
Intel
Columbus
Chronicle
Johnny Vanderford
Eaton Township zoning referendum heads to ballot
Voters in Eaton Township will face a March 19 referendum to approve or reject a heavy industrial zoning change. The measure targets 65 acres on Giles Road rezoned for Ross Environmental Services to allow a controversial monofill.
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Dave O’brien
Chronicle Tale
Eaton Township
Ross Environmental Services
Lorain County Board of Elections
Eaton Township Board of Trustees
Giles Road
Ross
EATON
Elyria Urges County to Activate New Radios
Elyria officials led by Mayor Frank Whitfield Fire Chief Joe Pronesti and Police Chief Bill Pelko urge Lorain County to activate radios city purchased. County Commissioners scrapped a 7.7 million contract with Cleveland Communications to join L3 Harris, while Elyria and others inked their own deal with CCI. The CCI breach suit in federal court proceeds as the Fire Department warned it would switch by November.
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Owen MacMillan
Chronicle-Telegram
Elyria
Frank Whitfield
Joe Pronesti
Bill Pelko
Lorain County
Dave Moore
Jeff Riddell
Cleveland Communications
Harris
CCI
Pronesti
Wellington Schools Superintendent Ed Weber to Retire
Wellington Schools announces superintendent Ed Weber will retire in August after 36 years in education. Named leader in 2016 after a turbulent period, Weber praises eight years with the district and says he will stay until a replacement is found. Weber previously led as a Cleveland principal and taught math in Lyndhurst.
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Lauren Hoffman
Chronicle-Telegram
Wellington
Ed Weber
Weber
Cleveland
Lyndhurst
Eric Gordon
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BRUCE
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U.S. Rep
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