US Steel Plans to Invest $750 Million to Modernize Factory, Spurred by Trump’s Tariffs

US Steel Plans to Invest $750 Million to Modernize Factory, Spurred by Trump’s Tariffs
US President Donald Trump gives a speech about trade at US Steel's Granite City Works steel mill in Granite City, Illinois July 26, 2018. SAUL LOEB/AFP/Getty Images
Bowen Xiao
Bowen Xiao
Reporter
|Updated:

A major American steel company will be investing at least $750 million to upgrade one of its manufacturing plants as a result of President Donald Trump’s tariffs on imported steel and other efforts to revitalize American manufacturing.

The United States Steel Corp. announced plans on Aug. 16 to start building “significant upgrades” at its Gary, Indiana, plant along Lake Michigan, as part of a 5-year $750 million asset revitalization investment for the company, which was founded in 1901.
Bowen Xiao
Bowen Xiao
Reporter
Bowen Xiao was a New York-based reporter at The Epoch Times. He covers national security, human trafficking and U.S. politics.
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