Our new Book of Lists is ready! Click here to order...
Business News from Cincinnati bookmark our new addressbizjournals.com 
subscribe book of listse sales leads email alerts news by industry
Home Latest News Print Edition Marketplace Sales Prospecting Business Resources Services Networking
Latest News
Archives Tips Search Watch
HomearrowCincinnatiarrowArchivearrow2002arrowAugustarrowWeek of August 19, 2002arrowLatest News
book of lists
sales leads

email news alerts

latest news
Updated: 9:38 PM EDT
Monday, Aug 26, 2002
MLB meeting concludes without new proposals

Engineered Support names head of Florence subsidiary

Credit Lyonnais cuts Cinergy to 'hold'

Federated names human resources VP

Nasdaq stocks to resume Amex trading


go to print edition

local networking
Coming Up
  Also in this week's edition ...
  Editorial Cartoon
  Ask the CEO
  Upcoming Top 25 lists
  Golden parachutes losing air
  Forty under 40 supplement
  Northern Kentucky edition

More Tips
  Want to reach an affluent audience?
  Get 4 free issues!
  Attention technology advertisers
  Sponsor our most popular supplement!
  Surviving Success sponsorships

Contact Us
We want story tips, letters to the Editor.

other news
News by Industry
Over 45 different industries represented. Build your own custom page or have the news emailed to you.

News by City
Choose from over 40 different metropolitan areas

Bankruptcies break record

Pension funds fall

Houston bids to privatize fire fleet

In Depth
Northern Kentucky

business journals services
weather watch

August 23, 2002 

AK Steel buys controlling stake in Cleveland steel facility

AK Steel purchased a 60 percent interest in a flat-rolled steel electrogalvinizing facility in Cleveland, formerly known as L-S Electro-Galvanizing Co.

Financial terms were not disclosed.

The remaining 40 percent interest will continue to be owned by International Steel Group. L-S Electro-Galvanizing has been a venture between the former LTV Corp. and Sumitomo Metal USW Corp. prior to ISG's acquisition of LTV in April. ISG will continue to operate the plant, now known as AK-ISG Steel Coating Co.

AK Steel said the acquisition will add about 300,000 tons of additional coated steel to its production each year. The company said that about half of its annual shipments are coated products, used by mainly automotive and appliance customers.

"The additional product from this line complements our existing capacity, making AK Steel the largest supplier of electro-galvanized flat-rolled steel in the country," said CEO Richard Wardrop.

email news alerts
email Sign up to receive free daily business updates by email every weekday afternoon.

email Use Search Watch to watch for related topics, companies.

email Receive free Industry News via email. Choose from 46 different industries.

Middletown-based AK Steel is a manufacturer of flat-rolled carbon, stainless and electrical steel.

Get Copyright Clearance Copyright 2002 American City Business Journals Inc.
Click for permission to reprint (PRC# 1.1644.645768)

print Printable Version print Email Story

  Office Products
  Internet Directory
  Hot Tech Buys

  Book of Lists
  Sales Leads
  Return on People
  Sales Moves
  Shoestring Marketing

  Small Business Handbook
  Consultants Unlimited
  Advice Library
  Business Forms

Subscribe | Book of Lists | Search | Sales Prospecting | 
Home Latest News Print Edition Marketplace Sales Prospecting Business Resources Services Networking
Cincinnati Business Courier email: cincinnati@bizjournals.com bizjournals.com Help?
User Agreement Privacy Policy