JobsOhio, an economic development agency, has granted $3.5 million to US-based steelmaker, Metallus (MTUS), formerly known as TimkenSteel, to support the planned expansion of its steelmaking plants in Canton, Ohio.
MTUS plans to invest more than $100 million alongside the Department of Defense to supply their munitions programs. The goal of the grants is to provide training, modernize equipment, and up-skill talent to deploy the best steelmaking.
“The economic development grant from JobsOhio, in particular, will allow us to enhance and optimize our assets, increasing our capacity for high-quality defense products, and the workforce development grant will support key training initiatives around safety and technology. This not only benefits our workforce but secures Canton-area jobs and strengthens the Army's munitions program," stated Mike Williams, president and chief executive officer of Metallus.