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, ... said last July his team would invest $100 million and be ...

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.

Cleveland-Cliffs Inc. will lay off nearly 1,000 workers in the coming weeks as it fully idles two plants in Pennsylvania and one in Illinois as part of a plan to save $300 million annually. The moves ...

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 ...

The company pulled back on plans for a transformer production plant in Weirton, West Virginia, that was expected to start production in 2026 and create 600 jobs. The plant had been idled ...

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 ...

Cleveland-Cliffs said in a recent earnings report that between March and May it had made the decision to fully or partially idle six facilities to optimize its footprint, reposition away from loss ...

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.