Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:22 AM

GasBuddy News Article

40
votes
America's energy boom revives Ohio's steel industry

Marketplace -- Ohio's jobless rate is lower than the national average. Its manufacturing employment is trending up. What gives? Part of the story is booming domestic oil and gas drilling. Energy companies need steel pipe. So steel giants are investing an estimated billion dollars in mills in Youngstown, Lorain and Canton.

At the Timken steel company's Faircrest facility in Canton, vice president Tom Moline gazes proudly upon a big hole in the ground. "It will be the largest jumbo-bloomcaster in the world," he says.

Translation: "This machine is going to be a monster," Moline says. "It will be the tallest structure in Stark County when it's done. And I believe the depth of this pit is close to the average depth of Lake Erie."


Read the Full Article

Submitted Oct 24, 2012 By: BurntOrange
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: America's energy boom revives Ohio's steel industry Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
carranco
Champion Author Georgia

Posts:1,031
Points:372,770
Joined:Dec 2008
Message Posted: Oct 25, 2012 8:44:53 PM

Unleashing our energy will revive our economy. Ovomit couldn't grasp that and it did him in.
Profile Pic
wshutton
Champion Author Seattle

Posts:3,935
Points:1,403,665
Joined:Mar 2009
Message Posted: Oct 25, 2012 12:31:43 PM

Good.
Profile Pic
hotwire43
Veteran Author Indiana

Posts:379
Points:956,380
Joined:Mar 2011
Message Posted: Oct 24, 2012 8:36:53 PM

This is good news to hear people are working instead of being unemployed.
Profile Pic
JCS319
Champion Author Tacoma

Posts:26,443
Points:3,030,095
Joined:Dec 2005
Message Posted: Oct 24, 2012 8:34:03 PM

Good news for Ohio - bad news for the Obama haters who can't stand to hear any good news for America.
Profile Pic
davenles
Champion Author Texas

Posts:5,458
Points:1,207,110
Joined:May 2011
Message Posted: Oct 24, 2012 8:29:39 PM

Glad they are getting jobs.
Profile Pic
DEG
Champion Author Las Vegas

Posts:19,822
Points:3,967,730
Joined:Jul 2003
Message Posted: Oct 24, 2012 8:24:46 PM

All the more reason to turn Obama out of office. Every action taken by Obama has hurt the oil industry on public lands. Fortunately there is plenty of oil off of governmentowned lands.
Profile Pic
southrob
Champion Author Tucson

Posts:5,807
Points:1,150,925
Joined:Mar 2011
Message Posted: Oct 24, 2012 8:24:23 PM

and we need to drill for the countrys sake
Profile Pic
carpenter4u
Champion Author Virginia

Posts:3,464
Points:1,038,540
Joined:Jul 2011
Message Posted: Oct 24, 2012 8:19:47 PM

Oil = Jobs
Profile Pic
f4driver
Champion Author Maine

Posts:4,712
Points:1,102,205
Joined:Aug 2007
Message Posted: Oct 24, 2012 8:15:25 PM

Right.
Profile Pic
AKmailman
Champion Author Alaska

Posts:7,943
Points:2,044,220
Joined:Jul 2004
Message Posted: Oct 24, 2012 8:13:34 PM

Then why is Timken stock down almost 9% this year ?
Profile Pic
jcallaw
Champion Author Houston

Posts:2,876
Points:720,780
Joined:May 2012
Message Posted: Oct 24, 2012 8:13:01 PM

Steel Industry should welcome the news!
Profile Pic
IUVidiot
Champion Author Indiana

Posts:5,885
Points:1,198,685
Joined:Jun 2011
Message Posted: Oct 24, 2012 8:12:40 PM

great
Profile Pic
must87searcher
Champion Author Maryland

Posts:11,219
Points:2,268,210
Joined:Apr 2008
Message Posted: Oct 24, 2012 8:12:08 PM

This can be good for now, but later things may change.
Profile Pic
ExplorerWA
Champion Author Washington

Posts:5,966
Points:1,214,860
Joined:Feb 2011
Message Posted: Oct 24, 2012 8:12:02 PM

This is good news announced by Timken steel company.
Profile Pic
malfrog1
Champion Author South Bend

Posts:4,474
Points:1,035,485
Joined:Feb 2011
Message Posted: Oct 24, 2012 8:10:35 PM

won't be a long term thing
Profile Pic
PissedATthePump
All-Star Author Pennsylvania

Posts:515
Points:120,905
Joined:May 2012
Message Posted: Oct 24, 2012 8:09:38 PM

Large and very expensive industrial machinery. They didn't build that! (of course I wonder where it was actually built)
Profile Pic
ericbcire
Champion Author Nevada

Posts:6,789
Points:1,753,700
Joined:Aug 2009
Message Posted: Oct 24, 2012 8:08:12 PM

Good for them.
Profile Pic
Bobmilan
Champion Author Louisville

Posts:3,605
Points:958,385
Joined:Sep 2011
Message Posted: Oct 24, 2012 8:06:31 PM

Which is happening in spite of Obama admin efforts and could easily be stalled by proposed restrictions on fracking and drilling.

??? Vote for Obama???? PLEASE.

Elections have consequences.
Profile Pic
Mikeyl
Champion Author Cleveland

Posts:8,222
Points:1,661,205
Joined:Aug 2004
Message Posted: Oct 24, 2012 8:06:24 PM

Steel jobs are great... but I am a laid off teacher. How will that help me?
Profile Pic
hcivic
Champion Author Virginia

Posts:6,132
Points:2,752,780
Joined:Aug 2005
Message Posted: Oct 24, 2012 8:03:33 PM

good
Profile Pic
DrZNY
Champion Author Albany

Posts:4,331
Points:1,122,655
Joined:Jan 2009
Message Posted: Oct 24, 2012 8:02:46 PM

Which Obama helped by saving the U.S. car manufacturers. Vote for Obama!
Profile Pic
BBHybrid
Champion Author Pittsburgh

Posts:6,530
Points:1,310,075
Joined:Aug 2008
Message Posted: Oct 24, 2012 8:00:51 PM

not sure on that
Profile Pic
lowspeed
Champion Author Akron

Posts:2,950
Points:678,580
Joined:Aug 2008
Message Posted: Oct 24, 2012 7:56:43 PM

good news
Profile Pic
WTLITNG
Champion Author Virginia

Posts:3,975
Points:1,497,285
Joined:Dec 2008
Message Posted: Oct 24, 2012 7:55:53 PM

See that hole? You didn't build that...
Profile Pic
WIWalt
Champion Author Wisconsin

Posts:3,912
Points:898,770
Joined:Mar 2012
Message Posted: Oct 24, 2012 7:54:42 PM

Good start
Profile Pic
megadiesellv
Champion Author Atlanta

Posts:1,474
Points:508,835
Joined:Sep 2011
Message Posted: Oct 24, 2012 7:53:38 PM

great to hear some good news, Obama built that LOL.
Profile Pic
AcuraTSX
Champion Author Ohio

Posts:6,501
Points:2,638,680
Joined:Dec 2005
Message Posted: Oct 24, 2012 7:52:32 PM

Lake Erie is a shallow lake.
Profile Pic
drz614
Champion Author Harrisburg

Posts:4,604
Points:1,087,865
Joined:Aug 2011
Message Posted: Oct 24, 2012 7:50:01 PM

i am glad for all the people getting jobs. i hope the local and state governments don't piss away any budget surpluses or at least reduce the tax rates. that way, even those not directly benefitting get some benefit.
Profile Pic
gobux10
Champion Author Ohio

Posts:4,212
Points:886,680
Joined:Mar 2010
Message Posted: Oct 24, 2012 7:46:23 PM

for a good foundation ? the depth of this pit is close to the average depth of Lake Erie."
Profile Pic
96sc1
Champion Author El Paso

Posts:8,517
Points:1,367,640
Joined:Mar 2008
Message Posted: Oct 24, 2012 7:43:53 PM

You mean in the White House, don't you?
Profile Pic
treeguy
Veteran Author Wisconsin

Posts:454
Points:1,071,180
Joined:Aug 2005
Message Posted: Oct 24, 2012 7:43:02 PM

The Idiot has been out of the White House for almost four years. I don't think he'd dare try to take credit for this.
Profile Pic
TheSnowstorm
Champion Author Montreal

Posts:9,664
Points:2,324,525
Joined:June 2005
Message Posted: Oct 24, 2012 7:38:52 PM

Good news for the steel industry which has seen a serious downturn over the last few years.
Profile Pic
FogCitySpotter
Champion Author San Francisco

Posts:3,236
Points:754,860
Joined:Apr 2007
Message Posted: Oct 24, 2012 7:34:37 PM

Great news.
Profile Pic
PissedATthePump
All-Star Author Pennsylvania

Posts:515
Points:120,905
Joined:May 2012
Message Posted: Oct 24, 2012 7:33:57 PM

About time someone starts investing in American industry by specifying domestic steel for their projects.
Profile Pic
GoneUpAgain
Champion Author Atlanta

Posts:10,620
Points:1,712,310
Joined:May 2004
Message Posted: Oct 24, 2012 7:33:39 PM

I guess the idiot will get/take credit for this too.
Profile Pic
g747
Champion Author Mobile

Posts:6,702
Points:1,393,510
Joined:Jul 2009
Message Posted: Oct 24, 2012 7:30:29 PM

Good for that area.So let's take that nationally to bring down what we pay @ the pump;& across the board!!!!!!!!.
Profile Pic
rjoeh
Champion Author Michigan

Posts:9,361
Points:2,958,025
Joined:Jun 2004
Message Posted: Oct 24, 2012 7:24:36 PM

I'm happy for Ohio.... they have taken their share of hits in the last 4 years and its about time for a turnaround.
Profile Pic
DABEE1073
Champion Author San Diego

Posts:10,667
Points:2,060,850
Joined:Jun 2008
Message Posted: Oct 24, 2012 7:21:52 PM

IT IS ABOUT TIME THAT THEY ARE BRINGING BACK SOMETHING TO THE U.S.
Profile Pic
jdc17327
Champion Author Pennsylvania

Posts:2,648
Points:204,030
Joined:May 2009
Message Posted: Oct 24, 2012 7:19:27 PM

great!
Profile Pic
TDIdave
Champion Author California

Posts:5,895
Points:1,671,850
Joined:May 2006
Message Posted: Oct 24, 2012 7:16:59 PM

Good for Obama! Glad he saved Detroit and pushed all forms of energy.
Profile Pic
yorkygurl2008
Veteran Author Indiana

Posts:257
Points:51,785
Joined:Sep 2012
Message Posted: Oct 24, 2012 7:15:15 PM

THINK SO
Profile Pic
swrestler
Champion Author Grand Rapids

Posts:8,410
Points:2,060,890
Joined:Oct 2008
Message Posted: Oct 24, 2012 7:13:09 PM

No Big Deal The Republicans Have Big Oil In Their Back Pockets...
Profile Pic
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,430,080
Joined:May 2008
Message Posted: Oct 24, 2012 7:13:03 PM

THEY SENT THERE MANUFACTURING JOBS OVERSEAS FOR HIGHER PROFITS... ASK THE COMPANY V.P. ABOUT THAT??
Profile Pic
Rick52
Champion Author Milwaukee

Posts:14,587
Points:1,680,690
Joined:Mar 2005
Message Posted: Oct 24, 2012 7:11:42 PM

Good to hear...Let's get things going..
Profile Pic
jackster111
Champion Author North Carolina

Posts:6,820
Points:889,425
Joined:Feb 2012
Message Posted: Oct 24, 2012 7:10:42 PM

nice
Profile Pic
MG_Sputnik
Champion Author Philadelphia

Posts:9,458
Points:2,443,850
Joined:Apr 2006
Message Posted: Oct 24, 2012 7:10:28 PM

Sounds like a plan.
Profile Pic
HawaiianGuy
Champion Author Idaho

Posts:11,796
Points:3,558,700
Joined:May 2003
Message Posted: Oct 24, 2012 7:10:00 PM

Thank you, Gov. John Kasich!
Profile Pic
raj_fl
Champion Author Trenton

Posts:4,287
Points:1,134,655
Joined:Oct 2010
Message Posted: Oct 24, 2012 7:06:51 PM

lets see
Profile Pic
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,430,080
Joined:May 2008
Message Posted: Oct 24, 2012 7:06:06 PM

THAT IS NOT EVEN CLOSE TOO THE REASON OHIO IS ON A COME BACK... TIMKEN INC. WAS PART OF THE DAMM PROBLEM IN CANTON, OHIO... SCREWED OVER A 1000 PEOPLE, LIKE NO BIG DEAL...
Profile Pic
raj_fl
Champion Author Trenton

Posts:4,287
Points:1,134,655
Joined:Oct 2010
Message Posted: Oct 24, 2012 7:06:02 PM

mmmm
Post a reply Back to Topics