Fort Wayne Specialty Alloys will permanently close on April 12, 2001...

Slater Steel, Mississauga, Ontario, Canada, announced that employees at its Fort Wayne Specialty Alloys division and the applicable representatives of the United Steelworkers of America, Local 14 were notified that the meltshop at Fort Wayne Specialty Alloys would be permanently closed effective April 12, 2001. Melting will be consolidated at Slater Steel's Atlas Specialty Steels, Welland, Ontario facility. In August 2000, Slater Steel announced that it would shut down the Fort Wayne meltshop and subsequently began laying off employees. To date, 37 workers have been laid off at this facility. It is expected that a further 49 workers will be laid off as a result of the meltshop closure.