SAULT STE. MARIE, September 23, 2021 – Algoma Steel Inc. today announced they are supporting the Soo Pee Wee Hockey League and the Sault Female Hockey Association through a new multi-year investment program to help defer costs for families and ensure that programs, awards, coaching, and training remain strong, promoting healthy active living for our youth.
For a two-year period, Algoma is providing $35,000 per year to the Soo Pee Wee league and $15,000 per year for the Sault Female Hockey Association. All funds provided must be spent each year by the respective associations as a means to defer cost or increase services for the approximately 1,050 families involved.
“We are very pleased to support these local hockey programs for boys and girls in our community,” Algoma Steel Chief Executive Officer Michael McQuade remarked. “Pandemic impacts over the last year and a half have been difficult for families and reengaging in sports is a very positive step toward building back community. Our partnership is designed to ensure youth and their families have great programs and augmented training and services this season and next.”
Beverly Gordon, SFHA President commented on the donation, “We are tremendously grateful to Algoma Steel for their generous support of youth sports! Hockey is an expensive sport for girls to participate in, however, we all believe in the benefits and life-long lessons that girls learn when they play on sports teams. Supporting girls in sport is an investment in the future of not only Sault Ste. Marie but Canada and our global community.”
“When we first met with Algoma and discussed this partnership, our hope was for our work together to be a healthy boost to our program and the spirits of the families that we support” adds Nicole Clouthier, President, Soo Pee Wee Hockey League. “We are extremely appreciative of Algoma’s involvement and how the donation will allow us to provide a great experience over the next two years for all our players and their families.”
About Algoma Steel Inc.
Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. With a current raw steel production capacity of an estimated 2.8 million tons per year, Algoma’s size and diverse capabilities enable it to deliver responsive, customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada. The Company’s mill is one of the lowest-cost producers of hot rolled sheet steel (HRC) in North America owing in part to its state-of-the-art Direct Strip Production Complex (“DSPC”), which is the newest thin slab caster in North America with direct coupling to a basic oxygen furnace (BOF) melt shop.
Algoma has achieved several meaningful improvements over the last several years that are expected to result in enhanced long-term profitability for the business. Algoma has upgraded its DSPC facility and recently installed its No. 2 Ladle Metallurgy Furnace. Additionally, the Company has cost cutting initiatives underway and is in the process of modernizing its plate mill facilities.
Today Algoma is returning to its roots as a customer-focused, entrepreneurial company with the courage and growing capability to meet the industry’s challenges head-on. It is investing in its people and processes, optimizing and modernizing so that it might continue to be your partner in steel.
For more information, please contact:
Algoma Steel Inc.
Manager Communications & Branding
Sault Female Hockey Association
Soo Pee Wee Hockey League