Cleveland-Cliffs plans to convert Weirton site into a transformer production plant to address US distribution transformer shortage.

Cleveland-Cliffs plans to transform its Weirton site into a state-of-the-art electrical transformer production plant, addressing the critical shortage of distribution transformers in the US. The investment aims to boost the region's economy and expand the electric grid. A press conference with company officials, West Virginia Gov. Jim Justice, and other state and local officials is scheduled for today.

July 22, 2024
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