Dofasco TSX: DFS is a steel company based in Hamilton, Ontario, Canada, as is longtime rival Stelco. Former logo of the Toronto Stock Exchange prior to the switch to TSX. The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, and the division of the TSX Group that holds senior equities. ... The old steel cable of a colliery winding tower Steel is a metal alloy whose major component is iron, with carbon being the primary alloying material. ... Motto: Together Aspire - Together Achieve Area: 1,117. ... Stelco is a steel company based in Hamilton, Ontario, Canada, as is longtime rival Dofasco. ...

Operations

It was incorporated as Dominion Steel Castings Company Limited in 1912, becoming Dominion Foundries and Steel Company in 1917. Its longtime nickname was adopted legally in 1980. Dofasco owned and operated National Steel Car, a Hamilton-based railway freight car manufacturer, between 1962 and 1994. 1912 (MCMXII) was a leap year starting on Monday. ... 1917 (MCMXVII) was a common year starting on Monday of the Gregorian calendar (see link for calendar) or a common year starting on Tuesday of the Julian calendar. ... 1980 (MCMLXXX) was a leap year starting on Tuesday. ...

Dofasco is one of the most successful steel companies in the world, especially with its electrically powered recycling mini-mills. It has won several awards for being the most sustainable manufacturing company in North America. During the recession of the early 1990s, Dofasco was buffetted by the changing fortunes of the market and made its first permanent layoffs since the Great Depression of the 1930s. Despite the reduction in its workforce, it is perceived as more flexible and successful than its unionized rival Stelco. World map showing North America A satellite composite image of North America North America is a continent in the northern hemisphere bordered on the north by the Arctic Ocean, on the east by the North Atlantic Ocean, on the south by the Caribbean Sea, and on the west by the... The Great Depression was a massive global economic recession (or depression) that ran from 1929 to approximately 1939. ... // Events and trends The 1930s were described as an abrupt shift to more radical lifestyles, as countries were struggling to find a solution to the global depression. ...

European company Arcelor made a bid to take over Dofasco in November 2005; the company's board is considering the offer and will advise the shareholders. Arcelor is the worlds largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of 25. ... Ongoing events • Abramoff-Reed gambling scandal • Al Jazeera bombing memo • Avian influenza (H5N1) outbreak • Black sites scandal • Conservative leadership race (UK) • Fuel prices • Irans nuclear program • Jilin chemical plant explosions • Kashmir earthquake • Malawi food crisis • Malaysian prisoner abuse scandal • New Delhi bombings investigation • Niger food crisis • North Indian cyclone...

Employees

The company deals with its workforce in an incongruous manner which is simultaneously enlightened and paternalistic. Some of its practices are reminiscent of a 19th century company-town employers, while many more are so progressive it would put unionized workplaces to shame. For instance, it has had a profit sharing arrangement since 1938, it developed on its own generous retirement and benefits packages, it has numerous family-oriented activities and facilities, and its wages have been good.

However, Dofasco vigorously attacks all attempts at union organizing by threatening to revoke these progressive programs. Approximately once each decade, the United Steelworkers of America attempts to unionize, but it has failed every time. Since USWA Local 1005 at Stelco tends to set the wages at Dofasco, a business failure or wage concessions at economically troubled Stelco could have a ripple effect on Dofasco. A union (labor union in American English; trade union, sometimes trades union, in British English; either labour union or trade union in Canadian English) is a legal entity consisting of employees or workers having a common interest, such as all the assembly workers for one employer, or all the workers... The United Steel Workers of America (USWA) claims over 1. ...

External link

• Company Page