Conshohocken steel plant currently, owned by ArcelorMittal, is reportedly up for sale and could potentially add more jobs in the future due to a new defense contract for submarines, writes Kevin Tierney for the More Than The Curve.
The current owner idled a portion of the plant two years ago and laid off around 150 employees.
However, things may be looking up for the plant as the Pentagon recently ordered two more carriers and nine more Virginia-class nuclear submarines from Newport News shipyard.
The yard is already working on the Navy’s new Columbia-class ballistic missile submarine program.
This affects both Conshohocken and Coatesville steel plants.
According to Kameen Thompson, president of Local 9462, once the Conshohocken plant is sold, the new owner could be prompted by the new submarine contract to reopen the plant’s rolling mill and hire between 50 and 60 people.
The plant currently has 93 employees, one-third of them veterans or have children who serve.
“We are a very unique mill,” said Thompson. “We have always had veterans who made steel to protect this country.”
Read more about the Conshohocken steel plant at the More Than The Curve by clicking here.
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