Media Hit

Where is Josh Shapiro on U.S. Steel?
Originally published at The Philadelphia Inquirer
Will Gov. Josh Shapiro finally raise a finger to save U.S. Steel?
That’s been the question ever since former President Joe Biden issued a reprieve to his earlier decision to block the iconic Pennsylvania company’s merger with Nippon Steel. Our governor should have supported this deal from the start. Instead, he’s failed Pennsylvania workers and must right that wrong while the window is still open.
Let’s be clear: This deal is essential to U.S. Steel’s success — if not its survival. The Pittsburgh-based steelmaker has fallen on hard times, unable to compete with foreign companies and struggling to keep its steel mills open. Without Nippon Steel’s $13 billion purchase of U.S. Steel and agreement to invest $2.7 billion in new infrastructure, company leaders warned Pennsylvania mills would close and workers would be laid off. U.S. Steel could even move its headquarters out of Pennsylvania — to Ohio, no less — and perhaps even head into bankruptcy.
Read more at The Philadelphia Inquirer