Steel Mills
Nucor and US Steel CEOs Join Trump Jobs Initiative Team
Written by Sandy Williams
January 29, 2017
Two of America’s steel industry leaders are among a team of 28 business leaders assembled by President Trump to provide ideas on how to promote job growth in the manufacturing sector.
US Steel president and CEO Mario Longhi, and John Ferriola, president and CEO of Nucor will be among those consulted by the President for their perspectives and insights.
Andrew Liveris, Chairman and Chief Executive Officer of the Dow Chemical Company has organized the first series of meetings for the administration.
“The Manufacturing Jobs Initiative will offer perspectives and information to President Trump and his Administration on a variety of policy priorities that will spur job growth and productivity in the U.S. manufacturing sector,” a Dow spokeswoman said in a statement Friday. “This diverse group of leading manufacturing CEOs and Labor leaders will help identify and work with experts from across the country to make U.S. manufacturing more competitive. The work of the Initiative members will be a major step in helping the U.S. reclaim its role as the world’s manufacturing leader.”
The initial 28 leaders assisting with the Manufacturing Jobs Initiative include:
Andrew Liveris, The Dow Chemical Company
Bill Brown, Harris Corporation
Michael Dell, Dell Technologies
John Ferriola, Nucor Corporation
Jeff Fettig, Whirlpool Corporation
Mark Fields, Ford Motor Company
Ken Frazier, Merck & Co., Inc.
Alex Gorsky, Johnson & Johnson
Greg Hayes, United Technologies Corp.
Marilynn Hewson, Lockheed Martin Corporation
Jeff Immelt, General Electric
Jim Kamsickas, Dana Inc.
Klaus Kleinfeld, Arconic
Brian Krzanich, Intel Corporation
Rich Kyle, The Timken Company
Thea Lee, AFL-CIO
Mario Longhi, U.S. Steel
Denise Morrison, Campbell Soup Company
Dennis Muilenburg, Boeing
Elon Musk, Tesla
Doug Oberhelman, Caterpillar
Scott Paul, Alliance for American Manufacturing
Kevin Plank, Under Armour
Mike Polk, Newell Brands
Mark Sutton, International Paper
Inge Thulin, 3M
Richard Tumka, AFL-CIO
Wendell Weeks, Corning
A statement from the White House said, “The attendees may or may not change from session to session, but the specific agenda subjects will likely change because of the importance of this issue to the American economy and its workers. No consensus advice or recommendations resulting from group deliberations or interaction is expected or will be solicited.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
BREAKING NEWS: Cliffs plans to idle three mills, cut 950 jobs on ‘insufficient demand and pricing’
Cleveland-Cliffs plans to indefinitely idle its steel mill in Riverdale, Ill., as well as mills in Conshohocken, Pa., and Steelton, Pa. The Cleveland-based steelmaker said all three facilities would be idled on or around June 30. Approximately 950 jobs will be impacted, the company said.
CRU: Usiminas may reduce capex unless government strengthens protection
“The lack of effective measures to create fair competition, amid a surge in subsidized imports, is the main threat to the sustainability of Brazil’s steel industry and its value chain,” CEO Marcelo Chara said.
USS swings to loss in first quarter on N. American flat-rolled segment woes
U.S. Steel CEO praised the company’s resilience, “despite the seasonally low results driven by annual mining logistics constraints in our North American Flat-Rolled segment and lagging spot prices.”
Nucor gives updates on new capacity coming online
Nucor said several of its capital projects will start operations within the next year and provided an update on them.
Algoma swings to loss on ‘market challenges’ and ‘tariff uncertainties’
Canada’s Algoma Steel swung to a loss in the first quarter amid "market challenges," and the company now expects first steel production from its first EAF in the second quarter.