Sault Ste. Marie

Published reports in Hamilton indicate the Indian owners of Essar Steel Algoma in Sault Ste. Marie are involved in a bidding process to purchase the bankrupt Canadian assets of U.S. Steel, formerly known as Stelco.

Essar Steel Algoma is calling 2015 a “milestone year,” after announcing the close of its fiscal year on July 27. The company reported $194.

A Northern voice has been added to the Tourism Industry Association of Ontario (TIAO). Ian McMillan, executive director of Tourism Sault Ste. Marie , has been elected to the board for a two-year term.

The provincial and federal governments are providing a combined $60 million in funding to help Essar Steel Algoma upgrade its Sault Ste. Marie steel mill.

The Conference Board of Canada shined the spotlight on Sault Ste. Marie and Timmins as two mid-sized Canadian cities on the right track for economic growth.

More than $30 million is being poured into a major storm water management reconstruction project in Sault Ste. Marie.

Editor’s Note: The original version of this story appeared on SooToday.com . Essar Steel Algoma said it has spent $140 million on environmental controls since 2003 to clean the air in Sault Ste.

Sault Ste. Marie’s newest small-business incubator will be located at Mill Square, the former St. Marys Paper site. Developed by the city’s Economic Development Corporation (EDC), Millworks will be located in the Machine Shop building.

The Sault Ste. Marie Innovation Centre (SSMIC) has established a Youth Development Team to engage Sault Ste. Marie youth who are interested in entrepreneurship.

Algoma’s annual sustainability event will emerge for its seventh year with a new name and a new focus. The Sustain Algoma Expo — formerly the Green Expo — will be held Saturday, July 25, form 9 a.m. to 3 p.m., in Desbarats.