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Vice President JD Vance Visits Metallus to Highlight the Significance of Investing in American Workers

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Metallus (NYSE:MTUS), a specialty metals manufacturer, hosted Vice President JD Vance at its Faircrest Steel Plant in Canton, Ohio on July 28, 2025. The visit highlighted the administration's support for domestic steel production and the recently passed "One Big Beautiful Bill."

During the visit, VP Vance toured the facility and addressed employees, emphasizing the bill's key benefits, including the elimination of taxes on overtime pay and incentives for companies investing in American manufacturing. He specifically praised Metallus' contributions to national defense through its new bloom reheat furnace and support of the Army's artillery shell production.

Metallus (NYSE:MTUS), un produttore di metalli speciali, ha ospitato il Vicepresidente JD Vance presso il suo impianto Faircrest Steel a Canton, Ohio, il 28 luglio 2025. La visita ha evidenziato il sostegno dell'amministrazione alla produzione di acciaio nazionale e al recentemente approvato "One Big Beautiful Bill".

Durante la visita, il VP Vance ha visitato la struttura e si è rivolto ai dipendenti, sottolineando i principali vantaggi della legge, tra cui l'eliminazione delle tasse sulle ore straordinarie e gli incentivi per le aziende che investono nella produzione americana. Ha lodato in particolare i contributi di Metallus alla difesa nazionale attraverso il suo nuovo forno di riscaldamento per bloom e il supporto alla produzione di proiettili d'artiglieria dell'Esercito.

Metallus (NYSE:MTUS), un fabricante de metales especiales, recibió al Vicepresidente JD Vance en su planta Faircrest Steel en Canton, Ohio, el 28 de julio de 2025. La visita destacó el apoyo de la administración a la producción nacional de acero y a la recientemente aprobada "One Big Beautiful Bill".

Durante la visita, el VP Vance recorrió la instalación y se dirigió a los empleados, enfatizando los beneficios clave de la ley, incluyendo la eliminación de impuestos sobre el pago de horas extras y los incentivos para las empresas que invierten en la manufactura estadounidense. Elogió específicamente las contribuciones de Metallus a la defensa nacional a través de su nuevo horno de recalentamiento de bloom y el apoyo a la producción de proyectiles de artillería del Ejército.

Metallus (NYSE:MTUS)는 특수 금속 제조업체로서 2025년 7월 28일 오하이오주 칸톤에 위치한 Faircrest Steel 공장에서 부통령 JD Vance를 맞이했습니다. 이번 방문은 국내 철강 생산에 대한 행정부의 지원과 최근 통과된 "One Big Beautiful Bill"을 강조했습니다.

방문 기간 동안 Vance 부통령은 시설을 둘러보고 직원들에게 연설하며 법안의 주요 혜택인 초과 근무 수당에 대한 세금 폐지와 미국 제조업에 투자하는 기업에 대한 인센티브를 강조했습니다. 그는 특히 Metallus가 새로운 블룸 재가열로를 통해 국가 방위에 기여하고 육군의 포탄 생산을 지원하는 점을 칭찬했습니다.

Metallus (NYSE:MTUS), un fabricant de métaux spéciaux, a accueilli le vice-président JD Vance dans son usine Faircrest Steel à Canton, Ohio, le 28 juillet 2025. Cette visite a mis en lumière le soutien de l'administration à la production d'acier nationale ainsi qu'à la récente loi "One Big Beautiful Bill".

Lors de la visite, le VP Vance a parcouru l'installation et s'est adressé aux employés, soulignant les principaux avantages de la loi, notamment la suppression des taxes sur les heures supplémentaires et les incitations pour les entreprises investissant dans la fabrication américaine. Il a particulièrement salué les contributions de Metallus à la défense nationale grâce à son nouveau four de réchauffage de bloom et son soutien à la production d'obus d'artillerie de l'Armée.

Metallus (NYSE:MTUS), ein Hersteller von Spezialmetallen, empfing am 28. Juli 2025 den Vizepräsidenten JD Vance in seinem Faircrest Steel Werk in Canton, Ohio. Der Besuch unterstrich die Unterstützung der Regierung für die heimische Stahlproduktion und das kürzlich verabschiedete "One Big Beautiful Bill".

Während des Besuchs besichtigte Vizepräsident Vance die Anlage und sprach zu den Mitarbeitern, wobei er die wichtigsten Vorteile des Gesetzes hervorhob, darunter die Abschaffung der Steuern auf Überstundenvergütung und Anreize für Unternehmen, die in die amerikanische Fertigung investieren. Besonders lobte er Metallus' Beitrag zur Landesverteidigung durch seinen neuen Bloom-Aufheizofen und die Unterstützung der Artilleriegeschosserzeugung der Armee.

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CANTON, Ohio, July 28, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, today welcomed Vice President JD Vance to its Faircrest Steel Plant in Canton, Ohio. The visit was part of the administration's ongoing efforts to highlight the essential role of domestic steel production in supporting national defense, economic resilience and industrial independence, as well as the benefits for workers of the recently passed "One Big Beautiful Bill." Vice President Vance toured the facility, met with employees, and observed production operations.

Vice President Vance addressed employees and local stakeholders, highlighting the federal government's commitment to investing in American workers and businesses. He outlined the bill's financial benefits for individuals and families—most notably, the elimination of taxes on overtime pay. Vance also praised the company for its vital role in supporting national defense, recognizing Metallus' investment in a new bloom reheat furnace and its contributions to the Army's increased artillery shell production. The Vice President further acknowledged the hard work and dedication of Metallus employees.

About the bill, Vice President Vance said that "If you build or expand a great American factory, the federal government is going to reward you instead of penalize you for a change. I think that's the biggest provision in the Big Beautiful Bill: invest in American workers, invest in American companies, and your government is going to fight right alongside you to build those great American dreams."

The visit underscores the administration's commitment to American workers and small and mid-sized manufacturers through policy, investment and workforce initiatives aimed at boosting competitiveness and sustainability.

"We were honored to host Vice President Vance today and hear him speak about the benefits that workers like ours will see from the One Big Beautiful Bill," said Mike Williams, chief executive officer of Metallus. "By spending time with our employees and seeing firsthand how we manufacture steel every day, the visit reinforced to him the critical role of domestic steel production. We're grateful that he chose our Faircrest Plant to deliver his remarks."

ABOUT METALLUS INC.
Metallus (NYSE: MTUS) manufactures high-performance specialty metals from recycled scrap metal in Canton, OH, serving demanding applications in industrial, automotive, aerospace & defense and energy end-markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and manufactured components. In the business of making high-quality steel for more than 100 years, Metallus' proven expertise contributes to the performance of our customers' products. The company employs approximately 1,880 people and had sales of $1.1 billion in 2024. For more information, please visit us at www.metallus.com

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SOURCE Metallus Inc.

FAQ

What was the purpose of Vice President JD Vance's visit to Metallus (NYSE:MTUS)?

VP Vance visited Metallus' Faircrest Steel Plant to highlight the importance of domestic steel production and discuss the benefits of the 'One Big Beautiful Bill' for American workers and manufacturers.

What are the key benefits of the 'One Big Beautiful Bill' mentioned during VP Vance's visit to Metallus?

The bill's key benefits include the elimination of taxes on overtime pay and rewards for companies that build or expand American manufacturing facilities.

How is Metallus (NYSE:MTUS) contributing to national defense production?

Metallus is contributing to national defense through its new bloom reheat furnace and by supporting the Army's increased artillery shell production.

When did Vice President Vance visit Metallus' Faircrest Steel Plant?

Vice President JD Vance visited Metallus' Faircrest Steel Plant in Canton, Ohio on July 28, 2025.
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