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BUSINESS
By Allison Connolly and Allison Connolly,SUN REPORTER | September 28, 2006
Mittal Steel Co. NV said yesterday that it plans to sell its Weirton, W.Va., mill rather than Sparrows Point if it's compelled to dispose of a U.S. property to settle antitrust issues. Netherlands-based Mittal said it had identified at least 10 potential buyers for the West Virginia property, easing concerns at the Baltimore County plant, which Mittal acquired in 2005. Sparrows Point employs nearly 2,500 salaried and hourly workers. Mittal must sell either Weirton, Sparrows Point or Canadian steelmaker Dofasco in the wake of its $38 billion merger with Luxembourg-based Arcelor SA to appease Justice Department officials, who say the combined company, Arcelor Mittal, would have a monopoly on tin production in the United States.
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NEWS
By Frederick N. Rasmussen, The Baltimore Sun | March 15, 2012
Joyce K. Melonas, who was the cook at a downtown waterfront diner that she owned and operated with her husband, died Wednesday of Alzheimer's disease at Stella Maris Hospice in Timonium She was 92. The daughter of Greek immigrants, Joyce Karas was born in Weirton, W.Va., and spent her early years there before moving with her family back to Greece. They later returned to Weirton and then settled in Highlandtown. She attended public schools in Weirton and Baltimore. She was married in 1941 to George Melonas, who owned United Lunch.
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NEWS
By Allison Connolly and Allison Connolly,Sun reporter | February 21, 2007
For the third time in as many years, Sparrows Point is up for sale. And this time it's a rush job. The Justice Department wants the sprawling Baltimore County steel plant to be under new ownership within 90 days to make sure that its current boss, Mittal Steel Co. NV, does not have too much control over the market for tin plate used to make cans for foods, aerosol sprays, paints and other products. Netherlands-based Mittal, which is merging with Luxembourg-based Arcelor SA in a $33 billion deal to create the world's largest steelmaker, had wanted to sell its plant in Weirton, W.Va.
BUSINESS
March 7, 2007
Maryland: Taxes U.S. holding refunds of $2.2 billion from '03 The federal government is holding more than $2.2 billion for 1.8 million people who failed to file a tax return in 2003 and didn't get their refund. They have until April 17 to file a return with the Internal Revenue Service, otherwise the U.S. Treasury will keep the cash. About 41,300 of these non-filers are Marylanders who are due a total of $55.1 million. Get the forms to file previous years' returns at www.irs.gov or call 800-829-3676.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | March 15, 2012
Joyce K. Melonas, who was the cook at a downtown waterfront diner that she owned and operated with her husband, died Wednesday of Alzheimer's disease at Stella Maris Hospice in Timonium She was 92. The daughter of Greek immigrants, Joyce Karas was born in Weirton, W.Va., and spent her early years there before moving with her family back to Greece. They later returned to Weirton and then settled in Highlandtown. She attended public schools in Weirton and Baltimore. She was married in 1941 to George Melonas, who owned United Lunch.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | November 30, 2006
Steelworkers at Sparrows Point will have to wait another two months to learn whether their Baltimore County plant or a sister mill in Weirton, W.Va., will be sold if their parent company cannot divest a Canadian subsidiary to settle antitrust issues. Yesterday the Justice Department gave Netherlands-based Mittal Steel Co. NV another 60 days to try to sell Dofasco Inc., which is controlled by a Dutch foundation called a "stichting." Mittal must sell one of the three plants to avoid having a monopoly on tin production in the United States once its $33.5 billion merger with Luxembourg-based Arcelor SA is complete.
NEWS
August 26, 2004
IN THE FORLORN West Virginia panhandle town of Weirton, two 11-year-olds, Dazja Gianessi and Maya Carey, have a chilling tale for Marylanders. The two kids woke up one day earlier this year to find they no longer had any place handy to buy ice cream. One nearby ice cream shop had already been turned into a slot machine parlor, and then a local Dairy Queen closed to make way for more slots. The girls launched a petition drive - to bring ice cream back to their neighborhood - but they were railing against the tide in this beaten-down steel town of 21,000 residents: As recently described by Sun reporter Greg Garland, it seems as though nearly every one of its bars, clubs, coffee shops and cafes is offering slots.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | January 24, 2007
A Dutch court yesterday tossed out a bid by ThyssenKrupp AG to force Arcelor Mittal to honor a pledge to sell Canadian steelmaker Dofasco, but it's not clear whether Mittal will sell either its steel plant in Sparrows Point or Weirton, W.Va. The Justice Department gave Mittal until Jan. 28 to sell Dofasco Inc. to ensure it would not have a monopoly on tin production in the United States after its $33 billion merger with Luxembourg-based Arcelor SA. If Mittal is unable to sell Dofasco, a manufacturer of high-grade sheet metal for the North American auto industry, the Justice Department has said Mittal must sell either its Sparrows Point or Weirton facility.
NEWS
By John Fairhall and John Fairhall,Staff Writer | July 20, 1992
UTICA, Ohio -- Since they began their eight-state bus tour Friday, Bill Clinton and Albert Gore Jr. have tossed a football, worn blue jeans, played miniature golf, hugged their wives and spoken twice in front of likenesses of John F. Kennedy.They're casting themselves as youthful activists, a new generation of political leadership that is heir to Mr. Kennedy and is in touch with everyday Americans.Audiences have loved it, so far.The candidates were enthusiastically welcomed yesterday by an overflow crowd at a community center in Weirton, W.Va.
BUSINESS
March 7, 2007
Maryland: Taxes U.S. holding refunds of $2.2 billion from '03 The federal government is holding more than $2.2 billion for 1.8 million people who failed to file a tax return in 2003 and didn't get their refund. They have until April 17 to file a return with the Internal Revenue Service, otherwise the U.S. Treasury will keep the cash. About 41,300 of these non-filers are Marylanders who are due a total of $55.1 million. Get the forms to file previous years' returns at www.irs.gov or call 800-829-3676.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | February 22, 2007
After a day of silence, Mittal Steel Co. NV said yesterday that it was disappointed by the Justice Department's decision requiring it to divest its Sparrows Point steel mill to resolve antitrust concerns over tin plate production in the wake of its $33 billion merger with Luxembourg-based Arcelor SA. During a previously scheduled conference call with analysts yesterday to discuss fourth-quarter and year-end earnings, Mittal Chief Financial Officer Aditya...
NEWS
By Allison Connolly and Allison Connolly,Sun reporter | February 21, 2007
For the third time in as many years, Sparrows Point is up for sale. And this time it's a rush job. The Justice Department wants the sprawling Baltimore County steel plant to be under new ownership within 90 days to make sure that its current boss, Mittal Steel Co. NV, does not have too much control over the market for tin plate used to make cans for foods, aerosol sprays, paints and other products. Netherlands-based Mittal, which is merging with Luxembourg-based Arcelor SA in a $33 billion deal to create the world's largest steelmaker, had wanted to sell its plant in Weirton, W.Va.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | January 24, 2007
A Dutch court yesterday tossed out a bid by ThyssenKrupp AG to force Arcelor Mittal to honor a pledge to sell Canadian steelmaker Dofasco, but it's not clear whether Mittal will sell either its steel plant in Sparrows Point or Weirton, W.Va. The Justice Department gave Mittal until Jan. 28 to sell Dofasco Inc. to ensure it would not have a monopoly on tin production in the United States after its $33 billion merger with Luxembourg-based Arcelor SA. If Mittal is unable to sell Dofasco, a manufacturer of high-grade sheet metal for the North American auto industry, the Justice Department has said Mittal must sell either its Sparrows Point or Weirton facility.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | January 19, 2007
Sparrows Point owner Mittal Steel Co. NV said yesterday it is in negotiations with Esmark Inc. of Chicago to sell part or all of its plant in Weirton, W.Va., a sale that would likely keep the Baltimore County steel mill in the hands of the world's largest steel conglomerate. Netherlands-based Mittal has previously said it would sell either Weirton or Sparrows Point to satisfy Justice Department concerns that Mittal would have a monopoly on tin production in the United States after its $33 billion merger with Arcelor SA of Luxembourg.
BUSINESS
By Allison Connolly and Allison Connolly,Sun Reporter | December 10, 2006
Five years ago, there would have been few takers for the steel plants in Sparrows Point and Weirton, W.Va. Bethlehem Steel Corp., which owned Sparrows Point at the time and was once the largest steelmaker in the world, was in its death throes, joining the list of Rust Belt companies that buckled under the weight of high costs and fierce competition. But if either plant goes up for sale early next year, there could be multiple bids for each. And there's a good chance the buyer won't be American.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | November 30, 2006
Steelworkers at Sparrows Point will have to wait another two months to learn whether their Baltimore County plant or a sister mill in Weirton, W.Va., will be sold if their parent company cannot divest a Canadian subsidiary to settle antitrust issues. Yesterday the Justice Department gave Netherlands-based Mittal Steel Co. NV another 60 days to try to sell Dofasco Inc., which is controlled by a Dutch foundation called a "stichting." Mittal must sell one of the three plants to avoid having a monopoly on tin production in the United States once its $33.5 billion merger with Luxembourg-based Arcelor SA is complete.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | February 22, 2007
After a day of silence, Mittal Steel Co. NV said yesterday that it was disappointed by the Justice Department's decision requiring it to divest its Sparrows Point steel mill to resolve antitrust concerns over tin plate production in the wake of its $33 billion merger with Luxembourg-based Arcelor SA. During a previously scheduled conference call with analysts yesterday to discuss fourth-quarter and year-end earnings, Mittal Chief Financial Officer Aditya...
BUSINESS
By Jay Hancock and Jay Hancock,Sun Columnist | November 15, 2006
Is it too much to ask for a little stability and certainty at Sparrows Point? Apparently. The storied steel mill is on its third owner in four years. Now come developments that increase the chance it'll be sold again. Changing ownership brings new bosses, distractions and often layoffs. Even so, it might be good for Sparrows Point and its employees to be sold one more time. With current owner Arcelor Mittal, which commands a tenth of the world's steel-production capacity, the Point is overshadowed and underappreciated.
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