June 5, 200817 yr I know a little about those plans, but I honestly think it is a little extreme to think Armco Park is part of that effort. I think you are right about Armco Park itself. But the last plans I saw from the county planners showed the Armco Park area as designated residential, and the person said they didn't think it would remain a park much longer. In other words, they knew Armco was looking to close the park, and the county's first thought was to turn into residential. The commercial zone on either side of I-75 may not end up extending as far as Armco Park. With all the homes being built in the various Shaker Run developments, the commercial zone will probably end at that point, just shy of Armco park. From my dealings with the county and its planners, I don't trust those people one bit. They have a serious agenda in their heads, aren't sharing it truthfully with the residents, are not accepting any input from the residents, and are pulling some bait-and-switch tactics. Whether all their plans come to fruition remains to be seen. But the developement of all land on both sides of I-75, primarily for commercial, is their driving force, regardless of what the people living there want.
July 22, 200816 yr AK Steel posts record profits http://news.cincinnati.com/apps/pbcs.dll/article?AID=/20080722/BIZ01/307220029/1076/NEWS
July 24, 200816 yr AK Steel investing $21M in Butler plant Pittsburgh Business Times - from Columbus Business First Read more: http://pittsburgh.bizjournals.com/pittsburgh/stories/2008/07/21/daily5.html?surround=lfn
August 1, 200816 yr From the Middletown Journal: Garden Manor drops coke plant suit Agreement has SunCoke relocating plant 4,000 feet from retirement facility. Do you approve of new proposed site? By Ed Richter MIDDLETOWN — One legal obstacle was cleared after a proposed agreement among SunCoke Energy, the city of Middletown and Garden Manor Extended Care Center was approved Thursday, July 31, in Butler County Common Pleas Court. The agreement resolves all claims raised by Garden Manor in a lawsuit filed in May against the city, City Council and the planning commission regarding a proposed $340 million cokemaking and electric cogeneration plant. Read more: http://www.middletownjournal.com/hp/content/oh/story/news/local/2008/07/31/mj080108gardenmanor.html
August 14, 200816 yr Mansfield mill razing unused buildings for scrap By LISA MILLER • News Journal • August 14, 2008 MANSFIELD -- AK Steel Corp. said its vacant buildings are worth more as scrap than they are standing along Bowman Street. [email protected] 419-521-7240
August 14, 200816 yr What sad news :( AK demo'ed the very long hot strip facility (~3 miles of continuous building!) and a lot of other smaller structures, and dismantled the former Bellfonte Furnace this year.
October 30, 200816 yr AK Steel earnings up 74% in third quarter By Jessica Heffner, Journal News, October 22, 2008 WEST CHESTER TWP. — AK Steel Corp. officials announced Tuesday, Oct. 21, that its earnings jumped 74 percent in the third quarter as the result of higher metal prices outpacing weaker demand from the automotive, appliance and construction markets. The local steelmaker earned $188.3 million, or $1.67 per share, in the quarter, compared with $108.4 million, or 97 cents a share, during the same period last year. Net sales also climbed 25 percent to $2.16 billion.
November 12, 200816 yr Wow. My dad worked for AK Steel for over 30 years, then retired and came back as a contractor. He was recently laid off from that a few weeks ago due to a downturn in the steel industry. For the past few weeks, the mill has been producing slabs that they have literally been dumping on the ground -- Middletown's finishing mills are all idled. The Armada Furnace is being hot-idled, which is a good sign. The other furnace, the Bellfonte, was cold-idled in the mid 1990s and was recently dismantled. AK Steel to lay off 600 in Ashland By David E. Malloy, Herald-Dispatch, November 11, 2008 ASHLAND -- About 600 employees at the AK Steel Ashland Works Plant and an undetermined number of employees at the company's Ashland coke plant are being laid off until at least January as the company announced late Tuesday afternoon it was temporarily idling most of its operations in the Ashland area. "We just received verbal notification from the company," said Mike Hewlitt, president of United Steelworkers Local 1865 at the Ashland area steel plant. "A lot of our young people are sick at their stomach. It's a sad day here. Six hundred are affected by this layoff. It will leave 100 people working on a coating line." Click for press release from company The layoffs will be effective Nov. 22.
November 12, 200816 yr ArcelorMittal has idled both blast furnaces in Cleveland, and Republic will idle its blast furnace in Lorain beginning next month. http://www.urbanohio.com/forum2/index.php/topic,4871.0.html
November 12, 200816 yr If you make stuff for the domestic automobile industry, you've gotta hedge your bets and not dumping supply is one way to do that, especially if you're worried you might deliver but they don't pay for it.
November 12, 200816 yr I wonder if this will affect the proposed new Coke plant just outside Middletown/Monroe?
November 12, 200816 yr Most likely. The downturn also affected the proposed MMI steel mill in Haverhill, Ohio as well - as in, its been put on hold :(
November 12, 200816 yr Wow i thought they had nice profits lately. Based on a lot of write-offs and other financing gaggles. $10.31 is their current stock price. Their high during the summer was $73.07. They have been hit extremely hard.
November 13, 200816 yr Note, in the past they have laid off workers, but not completely idled a plant. Furthermore, the planned mass layoff may not happen -- at least for 60 days. AK Steel did not file with the state of Kentucky, a written notice for the layoffs, and did not give 60 days notice. Historic moment AK Steel’s shutdown could be a first By Kenneth Hart, The Independent, November 11, 2008 ASHLAND — Trying to place the impending shutdown of AK Steel’s Ashland Works into a historical context is difficult. That is because, other than planned outages for maintenance and during work stoppages, no one can seem to recall another time in the plant’s 85-year history when it has been shut down completely. Even in the depths of the Great Depression, the mill managed to soldier on, albeit on a reduced schedule. AK Steel announced Tuesday it would temporarily suspend its local steel-making operations because of the current economic crisis, the struggles of the automotive industry in particular. The shutdown is expected to result in between 600 and 650 workers being furloughed.
November 13, 200816 yr Two articles posted today on this. Idling of AK Steel furnace a blow to Ashland's psyche By Jim Warren and Sarah Vos, Herald-Leader, November 13, 2008 ASHLAND — For decades the blue-hot flames that belch from the blast furnaces at the steel mill here have meant good jobs, prosperity and security for this proud old factory town. But now the fire might be going out.
January 30, 200916 yr Monroe sues to block coke plant The Enquirer, January 28, 2009 The city of Monroe sued in federal court Wednesday to block construction of a $340 million coke plant in Middletown, just north of Monroe. The suit, filed in U.S. District Court in Cincinnati, is the latest attempt by a group of Monroe residents to stop the project.
January 30, 200916 yr Does his mean that Monroe's neighbors can sue to block development in the city of Monroe? I like it. Thank's for setting the pattern, Monroe. Don't be surprised by lawsuits to block your future developments along I-75. Such development will likely lower the property value of people living just outside the city limits!
April 23, 201213 yr AK Steel supplier boom creating jobs Several companies’ job growth plans will add 239 jobs in next few years By Chelsey Levingston, Staff Writer 7:13 PM Saturday, April 21, 2012 MIDDLETOWN — A burst of business on Yankee Road is estimated to create hundreds of new jobs and more than $568 million in new investment over the next three years, according to city and company officials. About 10 companies, many suppliers to AK Steel Corp., have expanded in the last year or have plans to in 2012 on Yankee Road, including new companies to the region. The growth plans will add an estimated 239 jobs in the coming years to an existing base of more than 400 employees at these companies, according to information provided by Middletown Acting Economic Development Director Denise Hamet. “A lot of these companies have planned to expand for a while,” Hamet said. READ MORE AT: http://www.daytondailynews.com/business/ak-steel-supplier-boom-creating-jobs-1363715.html "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
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