GEORGETOWN, SC – A source tells News 2 that today is the last day for workers at ArcelorMittal Steel Mill in Georgetown. The lay-off will go into effect and employees will exit the plant at 3:00 P.M. on Friday, July 24.
There will be a union meeting at union hall at 3:15 P.M.
On May 14, 2015, the owner of the steel mill in Georgetown says it is closing the plant, leaving 226 workers without jobs. ArcelorMittal announced in a news release in May that the shutdown will be completed in the third quarter of the year.
The plant is the company’s main producer of wire rod in the United States and the company said it could no longer complete with foreign steel wire imports that it says are being unfairly traded domestically.
The company said imported wire rod now makes up a third of the domestic market.
The Georgetown plant was closed in 2009 during the Great Recession. It was brought back online two years later under a revised labor agreement.
ArcelorMittal is based in Luxembourg and has 220,000 employees in 60 countries.
The Georgetown County Economic Development Department has issued the following statement:
“We are saddened by the news today that ArcelorMittal will be closing its Georgetown plant. We will work with ArcelorMittal and the Department of Employment and Workforce to create a transition plan for impacted employees. Many of these employees have considerable experience and very sought-after skill sets. Even prior to today’s announcement, we have been working with a number of our existing industries on expansion plans. These expansions all include additional jobs, and many of the impacted ArcelorMittal employees have the skills and experience to provide an immediate benefit to our other industries. We will make every effort to connect these employees with our industries.”