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Vice President JD Vance Visits Metallus to Highlight the Significance of Investing in American Workers
Prnewswireยท 2025-07-28 21:40
Company Overview - Metallus Inc. is a manufacturer of high-performance specialty metals from recycled scrap metal, serving various end-markets including industrial, automotive, aerospace & defense, and energy [3] - The company is recognized as a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing, and manufactured components [3] - Metallus has over 100 years of experience in producing high-quality steel and employs approximately 1,880 people [3] - The company reported sales of $1.1 billion in 2024 [3] Government Commitment and Legislative Impact - Vice President Vance emphasized the federal government's commitment to investing in American workers and businesses, particularly through the "One Big Beautiful Bill" [2] - The bill includes significant financial benefits for individuals and families, notably the elimination of taxes on overtime pay [1] - The administration aims to support American workers and small to mid-sized manufacturers through policies and investments that enhance competitiveness and sustainability [2] Role in National Defense - Metallus plays a vital role in supporting national defense, particularly through its investment in a new bloom reheat furnace and contributions to increased artillery shell production for the Army [1] - The visit from Vice President Vance highlighted the critical importance of domestic steel production, reinforcing the company's significance in the defense sector [3]