US EditionNippon Steel Merger with U.S. Steel to Boost Jobs, Economic Growth in Western Pennsylvania
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Nippon Steel Merger with U.S. Steel to Boost Jobs, Economic Growth in Western Pennsylvania
Labor Landscape Japan’s Nippon Steel has finalized its $14.9 billion takeover of U.S. Steel and promises to boost jobs and economic growth in western Pennsylvania. Most notably, the pact calls for Nippon to invest $11 billion in the U.S. steel facilities through 2028 and gives the U.S. president vast authority to veto major business decisions. “This is a great decision for all of the Mon Valley and Western Pennsylvania,’’ said Louis Ransom , …
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