Cost containment continues at Cleveland-Cliffs Inc. (NYSE: CLF), which announced it will no longer pursue development of a transformer plant in Weirton, West Virginia. Cliffs said late Wednesday, May ...

Cleveland-Cliffs Inc. executives will not build an electric transformer manufacturing plant at an idled West Virginia sheet steel plant, with the steel maker’s CEO saying the company’s partner in the ...

West Virginia Senator Shelley Moore Capito and Congressman Riley Moore are expressing frustration over Cleveland-Cliffs' decision to halt plans for a transformer production plant in Weirton, and ...

Cleveland-Cliffs had announced the transformer production plant for Weirton last summer. West Virginia political leaders hailed the announcement at the time.. The plan had been for Cleveland ...

West Virginians celebrated the announced reopening of Cleveland-Cliffs plant in Weirton in 2024. ... Part of the package was a forgivable loan of $50 million through the State of West Virginia.

WEIRTON, W.Va. – Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in Weirton, area officials continue to react, expressing ...

The decision coincided with Cleveland-Cliffs’ release of its first-quarter 2025 results, in which the company announced it would no longer deploy capital toward the Weirton transformer plant.

WEIRTON, W.Va. — As the news of Cleveland-Cliffs' plans to cancel the transformer plant in Weirton made its way across the country, including to the nation’s capital, elected officials from ...

Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the ... The company pulled back on plans for a transformer production plant in Weirton, West Virginia, ...

Cleveland-Cliffs announced in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Pennsylvania Department of Labor & Industry that it intends close the plant located at ...