- Evraz Claymont Steel
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Evraz Claymont Steel Holdings, Inc is a steel mill located in Claymont, Delaware specializing in the manufacture of custom-order discrete steel plate out of scrapped steel. The 425-acre (1.72 km2) plant houses an electric arc furnace mini-mill[1] and employs approximately 500 people.[2] The Evraz Group acquired Claymont Steel from H.I.G. Capital in 2008 for US$564.8 million.[3] Claymont Steel (formerly CitiSteel) had previously been owned by China International Trust & Investment Corp., which bought it out of bankruptcy in 1989 from the former Phoenix Steel Corporation.[4]
References
- ^ Products & Facilities - Evraz Claymont Steel
- ^ Community ECS Employees - Evraz Claymont Steel
- ^ Sandle, Paul (2007-12-10). "Evraz Group agrees to buy Claymont Steel for about 564.8 mln usd cash". AFX News Limited (Thomson Financial News). http://www.forbes.com/feeds/afx/2007/12/10/afx4420409.html.
- ^ Lowe, Benjamin Y. (2006-08-09). "IPO to pay hedge fund's dividend debt: The $115 million proceeds expected for Claymont Steel, Del., is just half what investors paid themselves.". Philadelphia Inquirer. http://www.accessmylibrary.com/premium/0286/0286-16310628.html.
Categories:- Ironworks and steel mills in the United States
- Companies based in New Castle County, Delaware
- Delaware stubs
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