Arcelor-Mittal GM explains Lachine Mill closure, proposed efforts to assist workers
March 31, 08 by TheFleetIf you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
Source: AZOM.com
“The Lachine and Saint-Patrick wire mills have both been operating at less than 50% capacity since the beginning of 2007. This situation entails high production costs in the North American wire market where supply has been consistently exceeding demand since the early 2000s,” said Alain Robitaille, General Manager, Wire Group.
“We cannot continue operating two wire mills in a context where it is more advisable to operate only one plant and thereby bring our costs down to more competitive levels to ensure long term profitability.”
ArcelorMittal will work with the United Steelworkers (USW) union to facilitate the phasing out process through regulatory and labour contract mechanisms. The Saint-Patrick wire mill workforce will increase from 105 to158 employees. As well, employees impacted by the closure will be offered positions in other ArcelorMittal locations in the Montreal area. In addition, ArcelorMittal will offer incentives to those eligible for retirement.
