WARREN CONSOLIDATED INDUSTRIES, INC. CHANGES NAME TO WCI STEEL, INC.
WARREN CONSOLIDATED INDUSTRIES, INC. CHANGES NAME TO WCI STEEL, INC. WARREN, Ohio, Dec. 4 /PRNewswire/ -- Warren Consolidated Industries, Inc., an integrated flat rolled steel producer, has changed its named to WCI Steel, Inc. to better reflect its principal business. "The name change coincides with the completion stages of a $130 million continuous caster complex," said James V. Stack, WCI president and chief executive officer. "This capital investment will enhance product quality and our ability to meet the growing needs of our customers. "The WCI Steel name more effectively communicates our product and technology leadership positions in the flat rolled steel business," added Stack. The complex, including a twin-strand continuous caster and adjoining ladle metallurgical facility (LMF), will give WCI Steel a 100-percent-cast product line in 1992 with improved internal cleanliness, surface quality and uniformity. Founded in 1912 as the Trumbull Steel Co., WCI Steel has a long history in the metal-producing industry. In 1928, the company merged with Republic Iron and Steel Co. and, two years later, was renamed Republic Steel Corp. Another merger changed its name to LTV Steel Co. when it combined with J&L Steel Corp. in 1984. The company became Warren Consolidated Industries, Inc., a stand-alone privately held company in 1988. Today WCI Steel employs 2,600 people, and has an annual raw steel capacity of 1.5 million tons. The company provides a wide range of flat rolled products to the automotive, appliance, metalworking, electrical, steel service center and construction industries. Products include hot and cold rolled sheet and strip, hot-dipped galvanized products, silicon electrical steels and nickel-flash terne products in carbon, high carbon, alloy and high strength grades. -0- 12/4/91 /CONTACT: Jack G. Walter of WCI Steel, Inc., 216-841-8218/ CO: WCI Steels, Inc. ST: Ohio IN: MNG SU:
KK -- CL002 -- 9022 12/04/91 08:31 EST
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|Date:||Dec 4, 1991|
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