Title:
Steel Mill and Long Products Slab Steelmaking Capacity Increase.
Agreement Value:
$49,900,000.00
Agreement Date:
Mar 29, 2019 - Apr 30, 2032
Description:
The project will help ArcelorMittal improve the efficiency and sustainability of its operation, and to enhance its capacity to develop new types of high-strength steels which will meet the demand of Canadian sectors energy, automobiles and construction.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This project will increase productivity, product quality and energy efficiency at ArcelorMittal, while reducing greenhouse gas (GHG) emissions.
Location:
Hamilton, Ontario, CA L8N3J5
Reference Number:
033-2018-2019-Q4-812923
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
101428068
Recipient Type:
For-profit organization
Additional Information:
The amendment has been completed to change the recipient's legal name from "ArcelorMittal Dofasco MP Inc. and ArcelorMittal Long Products Canada MP Inc".to "ArcelorMittal Canada MP Inc. and add ArcelorMittal Dofasco G.P., and ArcelorMittal Long Products Canada G.P." and to extend the agreement end date from April 30, 2030 to April 30, 2032
Amendment Date
Jul 16, 2024
Recipient's Operating Name:
ArcelorMittal Canada Inc.
Recipient's Legal Name:
ArcelorMittal Canada Inc.
Federal Riding Name:
Pierre-Boucher--Les Patriotes--Verchères
Federal Riding Number:
24014
Program:
SIF - Steel and Aluminum Program
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.