AK Steel to Make $75 Million Pension Trust Fund Contribution
25 1월 2010 - 11:00PM
PR Newswire (US)
WEST CHESTER, Ohio, Jan. 25 /PRNewswire-FirstCall/ -- AK Steel
(NYSE:AKS) announced today that its board of directors has
authorized the company to make a $75 million contribution to its
pension trust fund. The contribution will be made during the first
quarter and will meet a significant portion of the company's 2010
funding requirements. This contribution will bring AK Steel's total
pension contributions since 2005 to more than $1.1 billion. About
AK Steel AK Steel produces flat-rolled carbon, stainless and
electrical steels, primarily for automotive, appliance,
construction and electrical power generation and distribution
markets. The company employs about 6,200 men and women in
Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its
corporate headquarters in West Chester, Ohio. Additional
information about AK Steel is available on the company's web site
at http://www.aksteel.com/. AK Tube LLC, a wholly owned subsidiary
of AK Steel, employs about 300 men and women in plants in
Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and
stainless electric resistance welded (ERW) tubular steel products
for truck, automotive and other markets. Additional information
about AK Tube LLC is available on its web site at
http://www.aktube.com/. DATASOURCE: AK Steel CONTACT: Media, Alan
H. McCoy, Vice President, Government and Public Relations,
+1-513-425-2826, or Investors, Albert E. Ferrara, Jr., Vice
President, Finance & CFO, +1-513-425-2888, both of AK Steel Web
Site: http://www.aksteel.com/
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