Inland, Nippon Steel Plan Mill in Midwest
Associated Press
CHICAGO —
Inland Steel Industries and Nippon Steel Corp. of Japan announced Monday that they will build a $400-million cold-rolled steel mill in the Midwest.
The location of the plant was not revealed, but a news conference was scheduled for today in South Bend, Ind., to announce the site, Inland officials said.
A memorandum of understanding was signed Monday by Nippon President Yutaka Takeda and Inland Chairman Frank W. Luerssen.
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