Algoma closing seen wiping out 11,000 jobs

Article Abstract:

Algoma Steel Inc.'s closing will lead to the elimination of 11,000 jobs throughout Canada. The closing will also cause the loss of 700 million Canadian dollars in income for the country during the first year of the shutdown.

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Algoma stakeholders to meet to battle out restructuring

Article Abstract:

Stakeholders to hammer out Algoma Steel's future. Company officals called a meeting of shareholders to reach a consensus on an effective restructuring plan that will allow the company to emerge from bankruptcy protection.

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Algoma boss calls for partner to ensure long-term survival

Article Abstract:

Sandy Adam, president of Algoma Steel Inc. seeks a partner to help his business survive.

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