August 28, 2008
AK Steel receives three awards for safety and community impact
AK Steel's Zanesville Works has been honored with two awards for its safety performance by the Ohio Bureau of Workers' Compensation, division of Safety and Hygiene. In addition, AK Steel has been recognized for its positive impact in the local community with an award from the Muskingum Growth Partnership. The awards were presented at the annual meeting of the Zanesville Muskingum County Chamber of Commerce.
The safety awards, presented in conjunction with the Zanesville Muskingum County Safety Council, are: The 100% Award for operating the entire year of 2007 without a lost-time injury and a Special Award for working 2,297,819 hours without a lost time injury, from April 21st 2003 through December 31st 2007. AK Steel also received the Award for Community and Economic Success, honoring the company's positive community impact through its investment in the Zanesville plant.
In recent years, AK Steel invested approximately USD 30 million in the Zanesville Works to upgrade and modify production equipment. The expenditures were part of the company's expansion of production capabilities for high value added, grain oriented electrical steels. In late 2007, AK Steel announced it would make additional capital investments in the Zanesville plant and at its Butler Works totaling USD 180 million to further expand electrical steel production capacity. This latest project marks the fourth expansion of AK Steel's electrical steel capacity since 2004. The capital investments are aimed at helping AK Steel meet growing worldwide demand for its high quality steels used in electrical generation and distribution applications.
Mr James L Wainscott chairman, president and CEO of AK Steel said that "We congratulate our Zanesville employees for their exceptional safety achievements, especially for working well over four years without a single lost time injury. We also greatly appreciate being recognized for the company's positive impact in the community."
