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Topic: Dofasco


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In the News (Thu 3 Dec 09)

  
  Dofasco - Wikipedia, the free encyclopedia
Dofasco a Arcelor company, is a steel company based in Hamilton, Ontario, Canada, as is longtime rival Stelco.
Dofasco is one of the most successful steel companies in the world, especially with its electrically powered 4recycling mini-mills.
During the recession of the early 1990s, Dofasco was buffetted by the changing fortunes of the market and made its first permanent layoffs since the Great Depression of the 1930s.
en.wikipedia.org /wiki/Dofasco   (457 words)

  
 NationMaster.com - Encyclopedia: Dofasco
Dofasco TSX: DFS is a steel company based in Hamilton, Ontario, Canada, as is longtime rival Stelco.
Dofasco was the first North American company to build a basic oxygen furnace based on this process in 1954 and this method for making steel remains a common standard to this day.
Dofasco has always invested time and money in researching new technologies and in 1960 they developed a new open coil annealing process which improved speed and allowed for the creation of special types of previously imported steel.
www.nationmaster.com /encyclopedia/Dofasco   (1220 words)

  
 PRESS RELEASE Arcelor acquires 88.38% of Dofasco's Common Shares and extends the expiry time of its offer to March 7, ...   (Site not responding. Last check: 2007-10-13)
Payment for such Dofasco common shares is expected to be made on or prior to February 23, 2006.
Arcelor and Dofasco are two of only three steel companies listed on the Dow Jones Sustainability Index, reflecting the shared values of both companies with respect to people, the environment, and the principles of financial sustainability.
Dofasco's wide range of steel products is sold to customers in the automotive, construction, energy, manufacturing, pipe and tube, appliance, packaging and steel distribution industries.
www.marketwire.com /mw/release_html_b1?release_id=110513   (692 words)

  
 Primary Metals Industry of Canada - Dofasco: An e-Business Case Study   (Site not responding. Last check: 2007-10-13)
Dofasco Inc. is a North American integrated steel maker, with a strong customer base across industries such as automotive, construction, energy, manufacturing, pipe and tube, appliance, container, and steel distribution industries.
Dofasco made significant investments in equipment purchases, general development and maintenance as well as time and expense associated with the new functions and tasks required of individuals.
Dofasco also invested considerable amounts of time talking to their customers and suppliers to fully understand their requirements and allow them to provide input so that their requirements were met.
strategis.ic.gc.ca /epic/internet/inpm-mp.nsf/en/mm01782e.html   (1412 words)

  
 Dofasco 2002 Annual Report
Dofasco’s goal is to be the North American leader among steel companies in environmental performance.
Dofasco de Mexico expects to complete the registration process by the end of 2003.
Dofasco was awarded an inaugural GLOBE Award for Environmental Excellence in 2002.
www.dofasco.ca /INVESTORS/annual_report/env_energy_2.htm   (338 words)

  
 Occupational Hazards - Dofasco receives Healthy Workplace Award   (Site not responding. Last check: 2007-10-13)
Dofasco Inc. has received a 2002 Healthy Workplace Award from the National Quality Institute (NQI) in recognition of the Hamilton, Ontario-based company's commitment to continuous improvement in employee health, safety and well-being.
The Dofasco Health and Safety Committee is comprised of 11 employees with formal responsibility for promoting and recommending ways to maintain a safe and healthy workplace.
Dofasco's Health and Safety Department has a multi-disciplinary team who have expertise in safety systems, ergonomics and industrial hygiene and who provide technical support to the entire company.
www.occupationalhazards.com /articles/4661   (640 words)

  
 Excel Partnership
Dofasco is the only Canadian company ranked as a sector leader in the Index and the only steel company in the world in the Index.
Dofasco has met or is on or ahead of schedule to meet all its commitments before the agreement expires at the end of 2005.
Dofasco previously reduced SEC by nearly 20% between 1990 and 2000 under a prior voluntary commitment with the Government of Canada.
www.excelpartnership.ca /memberslist-dofasco.html   (642 words)

  
 Dofasco Posts Record Third Quarter Results   (Site not responding. Last check: 2007-10-13)
Dofasco disposed of its common shares in QCM on December 31, 2003, and accounts for its remaining preferred share investment on a cost basis.
Dofasco's 50% share of Gallatin Steel's pre-tax income for the quarter increased to $69.1 million from a loss of $1.5 million in the third quarter of 2003.
Dofasco has been listed on the DJSI World six years in a row, is the only steelmaker in the world listed on the index, and is one of 13 Canadian companies listed.
www.steelnews.org /04/oct76.htm   (823 words)

  
 CBS News | Arcelor Makes $3.75B Offer for Dofasco
Dofasco issued a statement urging its shareholders not to sell their stock until its board has reviewed the offer and made a recommendation.
Dolle told a conference call that the company also saw Dofasco as the basis for further expansion in North America and that the deal was consistent with Arcelor's long-term strategy, though it has previously focused on buying steelmakers in rapidly developing economies in Europe, Latin America and Asia.
Dofasco mainly sells to U.S. automakers, producing around 5.5 million tons a year of flat steel that is usually used for cars.
www.cbsnews.com /stories/2005/11/23/ap/business/mainD8E2BNEGD.shtml   (888 words)

  
 Dofasco | VISION 2020
At Dofasco, success is measured based on our performance in the three integrated and mutually dependent components of sustainability — environmental responsibility, social well-being and financial results.
Dofasco was also the first company in Canada to sign a voluntary Environmental Management Agreement with the federal and provincial governments in 1997.
Dofasco has already met or surpassed many of the stated commitments related to energy use, air and water quality and secondary materials.
www.vision2020.hamilton.ca /partners/dofasco.asp   (187 words)

  
 PRESS RELEASE Arcelor Announces Offer to Acquire Dofasco Inc.   (Site not responding. Last check: 2007-10-13)
For Dofasco, the question is not if it should join forces with another industry player, but when, and with whom.
Arcelor has approached Dofasco on several occasions, starting in the first half of 2005 with a view to exploring the possibility of an acquisition.
While Dofasco's management and Board of Directors engaged in some dialogue in connection with the most recent proposal, the parties were unable to reach terms that were acceptable.
www.marketwire.com /mw/release_html_b1?release_id=102167   (1069 words)

  
 Dofasco Posts Record Earnings In 2004
For the fourth quarter of 2004, Dofasco’s net income was $96.8 million ($1.26 per common share) compared to a restated consolidated net income of $2.4 million ($0.03 per share) in the same quarter in 2003.
Dofasco’s Steel Operations segment, which includes the company’s Hamilton operations, reported income before income taxes of $394.7 million for the year, compared to $180.6 million for 2003, reflecting stronger pricing and record shipments.
Dofasco’s 50% share of Gallatin Steel’s income before taxes for the year increased to $171.0 million from $2.9 million in 2003.
www.dofasco.com /bins/content_page.asp?cid=2347-2349-33752   (901 words)

  
 Dofasco Tubular Products-Terms of Use   (Site not responding. Last check: 2007-10-13)
You further recognize that Dofasco does not want you to, and you warrant that you shall not, provide any information or materials to Dofasco that is defamatory, threatening, obscene, harassing, or otherwise unlawful, or that incorporates the proprietary material of another.
Dofasco reserves the right, at its sole discretion, to change, modify, add or remove any portion of this Agreement in whole or in part, at any time.
Dofasco may also impose limits on certain features and services or restrict your access to parts or all of the Site without notice or liability.
www.copperweld.com /termsofuse.htm   (685 words)

  
 Dofasco Posts Very Good First Quarter Results   (Site not responding. Last check: 2007-10-13)
Dofasco's consolidated sales of $1,073.1 million represent a 12% increase from the $961.2 million for the same period in 2004.
On April 14th, Dofasco announced the first in a series of pledges that will be made in 2005 to local organizations in the Hamilton area that will exceed $8 million over a number of years.
Dofasco had previously donated $1 million to bring an MRI scanner to the Hamilton General.
www.steelnews.com /05/apr/a79.htm   (850 words)

  
 Globeinvestor.com: Dofasco Scraps Plan for U.S. Plant As Profit Soars
Dofasco expects results from its Steel Operations segment, which includes its key Hamilton facility, will decline in the first quarter due to the high level of customer inventories.
Dofasco said it earned C$96.8 million ($77 million), or C$1.25 a share, in the latest quarter as it took advantage of healthy demand and strong prices that have cushioned industry profits for the past year.
Dofasco's Steel Operations shipped 4.24 million tons in the quarter, compared with 4.09 million tons a year earlier.
www.globeinvestor.com /servlet/ArticleNews/story/ROC/20050204/2005-02-04T221204Z_01_N0479443_RTRIDST_0_BUSINESS-MINERALS-DOFASCO-EARNS-COL   (707 words)

  
 CTV.ca | European steel giant bids for Canada's Dofasco
Dofasco's board has hired RBC Capital Markets as financial adviser on the deal, and law firm Fasken Martineau DuMoulin LLP has been hired as legal adviser.
Dofasco would become Arcelor's platform in North America, and would fit with Arcelor's plans to expand in the region.
Shares of Dofasco were up sharply on Wednesday, gaining 35 per cent on the TSX after the opening bell.
www.ctv.ca /servlet/ArticleNews/story/CTVNews/20051123/dofasco_steel_051123/20051123?hub=Canada   (605 words)

  
 CNW Group
The closing of the transaction is subject to customary conditions and regulatory approvals, and is expected to occur in the fourth quarter of 2005.
Dofasco's tubular steel business, established in 1998, is North America's largest supplier of large diameter, thin walled tube for hydroforming applications to the automotive industry.
Dofasco's skilled and highly motivated workforce is committed to providing the highest level of product quality and customer service.
www.newswire.ca /en/releases/archive/August2005/17/c0894.html   (734 words)

  
 dofasco employee benefits   (Site not responding. Last check: 2007-10-13)
Dofasco is selected as one of 100 best-in-class Canadian employers based on criteria including Human Resources practices, employee benefits and community involvement.
This is the second consecutive year Dofasco has been...
A professional valuation should still be done on the property regularly, so that the policy holder can renegotiate with the insurance provider if the level of coverage has fallen behind.
www.insurance-andmore.com /articles/195/dofasco-employee-benefits.html   (506 words)

  
 TheStar.com - Thyssen offers $5.26B for Dofasco   (Site not responding. Last check: 2007-10-13)
ThyssenKrupp, which is fighting Arcelor SA of Luxembourg for Dofasco, announced yesterday that it would jack up an earlier cash offer by $5 to $68 a share for all of the stock of Canada's biggest steel maker.
Dofasco's board is unanimously recommending acceptance of the ThyssenKrupp offer and rejection of Arcelor's last offer of $63 a share or almost $4.87 billion just before Christmas.
Dofasco, whose motto is "Our product is steel, our strength is people," employs about 11,000 workers and ships more than 5 million tonnes of steel annually.
www.thestar.com /NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1137279034940&call_pageid=968350072197&col=969048863851   (655 words)

  
 A Steelmaker's Heart of Gold
Despite the 2001 slump in the automobile industry, which accounts for 50% of its business, Dofasco ran at 100% capacity that year and finished 2002 as one of the only integrated steelmakers in all of North America to report a profit.
In the steel industry, Dofasco is one of the only mills without a union -- and its employees like it that way: Turnover at the company's primary facility in Hamilton is less than 1%.
On Dofasco's most recent internal survey, the thing that figured most highly in employee satisfaction was "pride in the company." "They see how we behave in the community, and they see that it's consistent with the way we behave with them," Mayberry says.
www.fastcompany.com /magazine/71/smartcompany.html   (1244 words)

  
 Dofasco: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-10-13)
Dofasco is one of the most successful steel companies in the world, EHandler: no quick summary.
(Dofasco was buffetted by the changing fortunes of the market and made its first permanent layoffs since the Great Depression Great Depression quick summary:
The great depression was the global economic slump that began in 1929 and bottomed in 1933....
www.absoluteastronomy.com /encyclopedia/d/do/dofasco.htm   (736 words)

  
 Resource Investor - Base Metals - German Steelmaker ThyssenKrupp Forges Deal for Canada's Dofasco   (Site not responding. Last check: 2007-10-13)
Dofasco shares [TSX:DFS] were up C$4.58, or more than 7%, to C$63.70 at midday on the Toronto stock market.
Part of the reason Dofasco and Thyssen complement each other is the lack of overlap in their operations _ meaning there will be no need for restructuring or job cuts, he said.
Dofasco has strengthened its reputation for weathering steel cycles and maintaining profitability as dozens of competitors have filed for bankruptcy-court protection, including chief Canadian rival Stelco Inc. of Hamilton.
www.resourceinvestor.com /pebble.asp?relid=14997   (840 words)

  
 Technorati Tag: Dofasco   (Site not responding. Last check: 2007-10-13)
Dofasco Inc: In-depth Company Info Go to Hoover's for information on operations and products, financials, officers, competitors and more.
Dofasco announced that at a meeting of the company’s Board of Directors approved deferring the separation of the Rights under the terms of Dofasco’s...
Dofasco Inc. reported record earnings, a result of excellent operating performance and robust North American flat rolled steel demand.
www.technorati.com /tag/Dofasco   (375 words)

  
 CNW Group   (Site not responding. Last check: 2007-10-13)
Dofasco's 2004 net income was $376.9 million ($4.92 per share after deducting preferred share dividends), compared to $117.7 million ($1.55 per share) restated net income in 2003.
Dofasco has concluded that it will not pursue the construction of a galvanizing line in the southern United States.
This reflects the fact that Dofasco's workforce is highly engaged, which is integral to the company's ongoing success." "Looking forward, Dofasco remains well positioned for continued success in 2005.
www.newswire.ca /en/releases/archive/February2005/04/c0494.html   (1336 words)

  
 Radio-Canada | Régions | Nouvelles Bas-Saint-Laurent
Dofasco déclare un bénéfice net de 30 millions de dollars pour le troisième trimestre comparativement à 93 millions pour la même période l'an dernier.
La direction de Dofasco explique ces résultats par des expéditions à la hausse, une productivité accrue et des frais d'exploitation en baisse.
La direction de Dofasco espère en arriver à une entente d'ici la fin de l'année.
www.radio-canada.ca /regions/est-quebec/nouvelles/200310/23/010-dofasco.asp   (167 words)

  
 Investor's Business Daily: Breaking News
Dofasco (DFS) responded by saying its board will review the offer and consider alternatives, and that investors shouldn't tender their shares until a recommendation is made.
Dofasco shares were recently up C$13.90 at C$57.90 on the Toronto Stock Exchange.
Dofasco makes rolled, galvanized and tin-plated steel for use in the automotive industry.
www.investors.com /breakingnews.asp?journalid=33091132&brk=1   (668 words)

  
 DOFASCO
Dofasco Inc. is one of North America’s most progressive and consistently profitable steelmakers, and a market leader in an industry that continues to be a cornerstone of the Canadian manufacturing economy.
The foundation of Dofasco’s success, and a key competitive advantage, is its workforce of highly skilled and motivated employees who implement the Corporation’s customer-focused Solutions in Steel™ strategy.
Dofasco’s Solutions in Steel™ strategy is to pursue strategic business opportunities that earn a return above its cost of capital and allow the Corporation to maintain its leadership position in the North American steel industry.
www.dofasco.ca /INVESTORS/2005_annual_report/eReport/md_and_a_01.htm   (480 words)

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