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Sault businesses cash in on Algoma Steel’s big build

Sault businesses cash in on Algoma Steel’s big build

So far, 47 local suppliers have been paid $52.2 million for their work on the most costly construction job in Sault history
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Pricing issues dilute earnings at Algoma Steel

Pricing issues dilute earnings at Algoma Steel

Shipments are up, but net income and income from operations are down sharply from the same quarter last year
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Sault mayor warns: Northern Ontario denied access to new power generation

Sault mayor warns: Northern Ontario denied access to new power generation

‘They are crippling our economic development capacity’ - Sault Ste. Marie Mayor Matthew Shoemaker
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Algoma Steel workers get $33.1M profit-sharing payout

Algoma Steel workers get $33.1M profit-sharing payout

Steelworkers Local 2251 calls special meeting to discuss concerns about planned job reductions related to new electric arc furnaces
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Danieli pays $5M penalty to Algoma Steel for plate mill delays

Danieli pays $5M penalty to Algoma Steel for plate mill delays

Tech problems caused the upgrade to be delayed by many months
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Sault hoteliers cash in on pent-up travel demand

Sault hoteliers cash in on pent-up travel demand

Recent occupancy rates have exceeded pre-pandemic levels and are topping any of the past five years
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Sault's Water Tower Inn sells for $19.5 million

Sault's Water Tower Inn sells for $19.5 million

J.J. Hilsinger and daughter Donna continue to manage the Water Tower Inn, with J.J. now designated as brand ‘ambassador’ under new ownership
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Steel mill launches sustainability, social responsibility focus

Steel mill launches sustainability, social responsibility focus

Algoma Steel says it intends to lead the steel industry’s transition to a low-carbon economy and minimize its own environmental impact
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Vic Fremlin, the Sault's meister of milk, makes a splash into aviation

Vic Fremlin, the Sault's meister of milk, makes a splash into aviation

Vic Fremlin and his brother steps in to rescue Springer Aerospace from CCAA
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Court approves sale of Springer Aerospace for $5.5M

Court approves sale of Springer Aerospace for $5.5M

Deal will allow Echo Bay firm to survive as going concern
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