Word: youngstowners
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...clobbers Youngstown...
...Youngstown, Ohio, the permanent dirty haze in the air and the oily filth in the slow-running Mahoning River have long spelled money. For 85 years, Youngstown has prided itself on being the quintessential steel city, the capital of "America's Ruhr Valley" and more heavily dependent on this one industry for jobs than any other town of the same size. But now Youngstowners-and even more the citizens of neighboring Campbell and Struthers-live with a nightmare that the air will one day soon be clean and fish will again swim in the Mahoning. Last week Youngstown Sheet...
...others indirectly dependent on mill payrolls-a hefty proportion of an area work force that numbers no more than 200,000. And it will not be the end. A few days after Sheet & Tube's announcement, U.S. Steel said it would lay off 200 workers at its Youngstown plant. Though the company described the step as "routine," Youngstowners are well aware that U.S. Steel is seriously considering building a modern steel complex in Conneaut, 50 miles away. If it decides to go ahead, the 6,000 U.S. Steel jobs in the Youngstown area could be drastically reduced...
There are good reasons for cutting back in Youngstown while expanding elsewhere. The mills lining the Mahoning River are so old that some steelmen describe them as antiques. Bringing them up to modern standards would be an expensive job, and it cannot be put off. A few days before the Sheet & Tube decision, the Sierra Club won a federal court ruling ending the exemption that eight Mahoning valley steel plants had won from meeting federal clean-water standards...
...first-half profits has prompted the company to ask 10,000 nonunion and management employees to give up a cost of living raise averaging $19 a month that was due in August. Chairman Edgar Speer also indicated that some operations would be suspended at the company's Youngstown, Ohio, mill, and that construction of a $4.5 billion integrated plant in Conneaut, Ohio, might be postponed. At Bethlehem Steel, where first-half profits dived 88%, the board halved the quarterly dividend, to 250 a share, closed three small mills and made plans...