News Archive

Steel Company Esmark Restarting Ohio Plant

Posted on October 13, 2012

Pittsburgh Post-Gazette By Len Boselovic The former operator of Wheeling-Pittsburgh Steel has acquired the defunct steel maker's Yorkville, Ohio, plant and a 50 percent stake in a related joint venture for $6.3 million. Sewickley-based Esmark said it plans to restart the Yorkville plant in January and hire about 160 workers who will be cov ...

Kasich Hopes Yorkville Deal Is Just The Beginning

Posted on October 13, 2012

The Herald-Star
 Post-Press Conference Special Edition By LINDA HARRIS – Staff writer YORKVILLE – Ohio Gov. John Kasich hinted Friday that Esmark Steel’s plans to reopen an idled cold-rolling mill in Yorkville could be just the tip of the iceberg. Esmark Chairman and CEO Jim Bouchard said the Kasich administration was instrumental ...

Esmark to Slash Costs at Yorkville as Restart Nears

Posted on October 12, 2012


NEW YORK — Esmark Steel Group LLC expects to shave $10 million per year off operating costs at its newly acquired Yorkville, Ohio, cold-rolling facility “starting day one,” keeping the mill competitive even in today’s challenging market environment, according to James P. Bouchard, chairman and chief executive officer of parent com ...

Steel Industry Gets Boost – Yorkville Mill Getting New Lease On Life Today

Posted on October 12, 2012 The following Times-Leader print and online publications across Ohio and West Virginia ran pre- and post-press conference articles: Yorkville Times Leader-Martins Ferry Times Leader -Weirton Daily Times-Wheeling News Intelligencer-Wheeling News Register-Ohio Valley News and State Journal of Ohio   Steel Industry Gets Boost Yorkville ...

Esmark Inc. Buys Ohio Steel Plant

Posted on October 12, 2012

Pittsburgh Tribune-Review
 By Sam Spatter
 Esmark Inc. has purchased an idled steel finishing mill in Yorkville, Ohio, and a 50 percent interest in a tin plate production plant for a combined $6.25 million from bankrupt RG Steel LLC. The Sewickley-based company plans to spend about $15 million to restart the steel plant in January and bring back ab ...

Can the Middle Market Meet Demand When Growth Picks Up?

Posted on October 6, 2011
 By: Jennifer Leigh Parker The recession forced many US companies to get lean. Will they be ready to meet demand when the global economy picks up again? Maybe not, said Jim Bouchard, Chairman & CEO steelmaking company Esmark, on a panel discussion of mid-sized business leaders. “If the consumer market takes off here, we’ll ...

Esmark Executive Rebuilds in Steel

Posted on October 20, 2010

 A Sewickley-based businessman who amassed a steel industry empire that included 10 service centers and the former Wheeling-Pittsburgh Steel Co. before selling it two years ago, is again rebuilding his steel industry holdings. James P. Bouchard’s Esmark Steel Group in Chicago this week announced it acq ...

Brothers Banking on Steel Rebound. Back to the Future for Brothers

Posted on June 13, 2010

Southtown Star BY MIKE NOLAN In full-page newspaper ads for GE Capital, brothers James and Craig Bouchard are seen standing inside the cavernous Sun Steel plant in Chicago Heights. The picture is actually a bit dated – taken a few years ago when the brothers first owned the steel processing center – but it has new relevance. Tom Modr ...

Esmark is Looking to be a Leading Consolidator

Posted on June 8, 2010

AMM By Corinna Petry Ready to pounce. Esmark chief executive Tom Modrowski is still ready to “pick off” acquisitions even after buying a string of smaller rivals to reach its goal of notching up some $250 million in revenue. Esmark Steel Group plans to be a leading consolidator in the service center industry, despite the current difficulty in eval ...

Esmark Repurchases Processing Plants From Severstal

Posted on May 20, 2010

Bloomberg Thursday May 20, 2010 By Edmond Lococo May 20 (Bloomberg) — Esmark Inc., which sold its steel assets to Russia’s OAO Severstal in 2008, repurchased three processing plants that were part of the earlier transaction as Severstal exits that business in the U.S. Esmark acquired Sun Steel and Century Steel, both in Chicago Heights, I ...