Nippon Steel Deal — Allegheny Conference CEO Stefani Pashman

Pittsburgh - May 23, 2025 - We are incredibly thankful to President Trump for today's announcement approving the Nippon Steel-U.S. Steel (USS) deal. The decision reflects a clear recognition of the opportunity this significant investment presents - not just for the economic future of the Pittsburgh region but for the future of American manufacturing and steelmaking.

We extend our sincere gratitude to Senator McCormick for his leadership and advocacy in ensuring that the transformational impact this deal has on southwestern Pennsylvania remained at the forefront of this national conversation.

This deal means USS will expand its workforce in the region, modernize its facilities, and continue to operate its headquarters in the Pittsburgh region. This is a historic moment to celebrate - both for what the deal means and what it says about our region - that our energy assets, skilled workforce, higher education, and strategic location to markets are a tremendous value proposition for investment from companies like Nippon.

We can now unify around the company's bright future, benefiting from the expertise, innovation, and investment Nippon will bring to our region. We are also very appreciative of the Commonwealth of Pennsylvania and Governor Shapiro for their efforts during this process.

We stand ready to welcome Nippon Steel to our community and our tables as our partner in regional economic growth. We will do our part to ensure that this investment delivers on its promise - for the workers and the communities that have helped define the strength of the American steel industry for generations and now will long into the future.

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