WILMINGTON, Del. — RG Steel LLC won preliminary approval of a bankruptcy financing plan on Friday as the troubled steelmaker works to find a buyer in the next two months for its Sparrows Point plant and two other facilities. A ...Read More »
RG Steel LLC, owner and operator of the Sparrows Point steel mill in Baltimore County, has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Delaware. The company, which was formed in March 2011 after acquiring steel mills ...Read More »
A 16-member panel of business leaders will advise Baltimore County economic development officials about the best use for the Sparrows Point peninsula in the wake of last week’s announced woes at the steel plant, which will be laying off nearly ...
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A Chesapeake Bay Foundation attorney says the environmental group is keeping a close eye on the shutdown of the Sparrows Point steel mill outside Baltimore. Bay foundation attorney Jon Mueller says the environmental group has been seeking a court order ...Read More »
RG Steel LLC told Maryland’s labor department Thursday that it will lay off almost 2,000 employees starting June 4, as the company idles operations at its Sparrows Point steel mill. Of the 1,975 employees who will be laid off, 1,714 ...Read More »
A spokeswoman for RG Steel says the company is considering selling steel mills in three states, including the Sparrows Point plant outside Baltimore. RG Steel spokeswoman Bette Kovach on Monday confirmed reports that potential buyers have expressed interest in acquiring ...Read More »
A federal judge’s approval of a monitoring agreement between the owners of the Sparrows Point steel plant and environmental regulators is being appealed by the Chesapeake Bay Foundation, the environmental group announced Wednesday. In March, U.S. District Judge J. Frederick ...Read More »
Sparrows Point is back to work Employees of the RG Steel plant in Baltimore County’s Sparrows Point have returned to work earlier than expected after about 720 of them were furloughed Dec. 22. Most returned last week, with about 250 more ...
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Employees of the RG Steel plant in Sparrows Point have returned to work earlier than expected after about 720 people were furloughed right before Christmas. “Everybody’s coming back,” said Chris MacLarion, vice president of United Steelworkers Local 9477, which represents ...Read More »
In an effort to help 720 workers laid off from RG Steel navigate the upcoming months of uncertainty, Baltimore County officials have scheduled a Jan. 12 forum in Dundalk to highlight unemployment and health insurance issues. County Executive Kevin Kamenetz ...Read More »