Algoma port project nearing construction phaseShovels could be in the ground as early
as 2016 to start the Port of Algoma redevelopment project, but the
harbour has already attracted a new client in the interim.Anshumali Dwivedi, CEO of the Port of
Algoma, said the company is starting to see “traction on the
ground” as a result of actively pursuing new business for the Sault
Ste. Marie port.“We’ve secured the first few cargos
in 2015,” he said in mid-October. “Hopefully in October we’ll
have the first ship coming in with aggregate c...
The year 2015 marked a banner period
for the Sault Ste. Marie Airport: it reached a new milestone for
passenger travel and ushered in a suite of renovations to modernize
the facility.On Nov. 20, the airport processed its
200,000th passenger (over 12 months), a new benchmark.
Most of the increa...
Rory Ring is the new executive director of the
Sault Ste. Marie Chamber of Commerce.
He replaces Shelley Barich who exited after 28
years. Ring’s first official day on the job is Feb. 16.
“We knew that this would be the most
important decision that we would collectively make as a board,”
Tenaris Algoma Tubes is laying off another 230 employees,
citing low market demand for the cuts.The company made the announcement Jan. 28, indicating in
a news release the “temporary” layoffs would come into effect starting Feb. 1.Layoffs were previously announced in December 2014 and March 2015....
Essar Steel Algoma will start searching next
month for a buyer or major new investor in
its Sault Ste. Marie steelmaking operation.
“We expect to begin the sale and
investment solicitation process (SISP) and the
search for a buyer by mid-February,” Chief Executive Officer Kalyan
Ghosh said ...