HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Atlas steel is now Valbruna

I had lived in Welland for a short period as a kid, and the history of Atlas Steel in the below link  that came out in June of this year was a good summary

https://www.stcatharinesstandard.ca/living-story/9424603-welland-now-and-then-atlas-steels-left-its-mark-on-city-s-history/

While the old 42 Centre St. plant is inaccessible to the public, the original stainless-steel administrative building, perhaps the best preserved structure on the site, still stands across the street as a reminder of the legacy Atlas left for the people of Welland

========================================================

The Welland plant sale closed today and the buyer is Valbruna Canada Ltd., a subsidiary of Acciaierie Valbruna S.p.A., of Vicenza, Italy.  (link below)

https://pennbizreport.com/news/14317-ampco-pittsburgh-announces-completed-sale-of-asw-steel-inc/

Why did this Italian company want this steel company based in  Welland Ontario?

They have a manufacturing facility in Fort Wayne, IN, USA

called:

Valbruna Stainless Steel | Production of Stainless Steel

www.valbruna-stainless-steel.com

 

and they have a distribution warehouse in Milton Ontario (8724 Holgate Crescent)

Why decide to make stainless in Welland Ontario? 

 
 
Share
New Message
Please login to post a reply