The Jefferson County Commission moved to Thursday’s agenda a request for a tax abatement from U.S. Steel’s Fairfield Works.
Speaking Tuesday at the commission’s committee meeting, Paul Vercher, U.S. Steel’s senior director of state government affairs, said the company’s recent merger with Nippon Steel lifted it from the 24th-largest steelmaker in the world to the fourth-largest steelmaker in the world.
“With that came some extra money for investments that can help streamline our operations and make them more efficient,” Vercher said. “What that means for Fairfield is we’ve announced $500 million of investment in the state of Alabama that we can use for projects that would benefit our mill here in Alabama. These projects don’t have to go to Fairfield, but we would like them to go to Fairfield.”…