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American steel maker given $1.8 million grant

Posted by: Alloy 2021-03-11 Comments Off on American steel maker given $1.8 million grant

AK Steel, a fortune 500 company based in Butler County of the United States, has been awarded a $1.8 million grant and challenged to make electric motors more energy efficient. The company are just one of thirteen recipients, including other companies and universities whom have together been given a combined $25 million. 
Mark Johnson, director of the Advanced Manufacturing Office in the DOE’s Office of Energy Efficiency and Renewable Energy, said the goal is to “use our resources most effectively as possible. That means you need to develop new technologies.” All of the thirteen companies will be given the task of finding more energy efficient motors. 
The Obama administration has been praised by a number of the industries professionals for the move. The Democratic char Jocelyn Bucaro spoke of his admiration for how the government managed to efficiently partner manufacturers enabling them to “develop the next generation of products that lower energy costs for businesses and consumers and make American manufacturing strong and competitive globally.”
Johnson said Butler County has seen the number of unemployed and the unemployment rate itself reduced by over half as the number of people employed here has grown under the Obama Administration.

 AK Steel employs approximately 2,400 full-time workers in Butler County, making it the county’s third-largest employer. AK Steel facilities in Ohio, Kentucky, Indiana, Pennsylvania, Michigan and Minnesota employ more than 8,000 altogether and produce flat-rolled carbon, electrical and stainless steels used by the automotive, appliance, construction and manufacturing markets.

American steel maker given $1.8 million grant

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