Cleveland-Cliffs Donates $1 Million to Address Food Insecurity in Over 35 Communities Across North America
January 19 2021 - 7:00AM
Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that
its philanthropic organization, The Cleveland-Cliffs Foundation,
has made several commitments totaling more than $1 million in cash
contributions to several food distribution organizations in the
local communities where the Company operates throughout the United
States and Canada. The Foundation plans to distribute the majority
of its funding immediately.
Lourenco Goncalves, Chairman, President and Chief Executive
Officer said, “We sadly recognize that, throughout the United
States and Canada, millions of households are experiencing food
insecurity amid the economic impact of the coronavirus pandemic. As
a direct consequence, local food banks are being challenged to
respond to the needs of a growing number of their fellow citizens.
As a leader in the North American steel industry and a prominent
employer in many of the communities where we operate, we believe
that Cleveland-Cliffs has a role to play in supporting these food
banks. We are helping our neighbors facing hunger, and we encourage
other employers to step up and tackle the issue of hunger by also
supporting local food banks.”
Cleveland-Cliffs is collaborating with 44 food distribution
organizations in over 35 communities across the United States – in
Ohio, Alabama, Kentucky, Illinois, Indiana, Michigan, Minnesota,
North Carolina, Pennsylvania, and West Virginia – as well as in the
Province of Ontario, in Canada. The Company’s total contribution is
estimated to provide up to 10 million meals, which is based on
guidance from hunger-relief organizations in the United States.
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in
North America. Founded in 1847 as a mine operator, Cliffs also is
the largest supplier of iron ore pellets in North America. In 2020,
Cleveland-Cliffs acquired two major steelmakers, AK Steel and
ArcelorMittal USA, vertically integrating its legacy iron ore
business with quality-focused steel production and emphasis on the
automotive end market. Cleveland-Cliffs’ fully integrated portfolio
includes custom-made pellets and Hot Briquetted Iron (HBI);
flat-rolled carbon steel, stainless, electrical, plate, tin and
long steel products; as well as carbon and stainless steel tubing,
hot and cold stamping and tooling. Headquartered in Cleveland,
Ohio, Cleveland-Cliffs employs approximately 25,000 people across
its mining, steel and downstream manufacturing operations in the
United States and Canada. For more information, visit
www.clevelandcliffs.com.
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