Cliffs hosts DOE Secretary Jennifer Granholm at Butler Works
Cliffs hosted DOE Secretary Jennifer Granholm at its Butler Works plant in Pennsylvania. The Secretary’s visit followed the recent DOE final transformer efficiency standard rule providing for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of electrical distribution transformer end markets. Cleveland-Cliffs is the sole producer of GOES in the United States, and was selected for award negotiations for up to $75 million in total funding from the DOE to pursue a decarbonization investment at Butler Works.
During the visit, Secretary Granholm toured the plant and met with Cleveland-Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves, company officials, employees as well as union leaders from the United Auto Workers (UAW), the United Steelworkers (USW) and the International Association of Machinists (IAM).
Mr. Goncalves hosted a speaking program with Secretary Granholm and other invited speakers that was live streamed on the Company’s YouTube channel. The on-demand version of the program is below.