Cleveland-Cliffs, NYSE Mark 175 Years in Business
05/04/2022 - In celebration of its 175th anniversary, Cleveland-Cliffs Inc. chairman and chief executive Lourenco Goncalves and other company executives rang the New York Stock Exchange (NYSE) closing bell on Tuesday.
Headquartered in Cleveland, Ohio, and operating in the Great Lakes region since 1847, Cliffs went public on the NYSE in 1960.
“For nearly two centuries, Cleveland-Cliffs has been instrumental in building modern society in the United States through the domestic steel industry. Companies with this type of longevity are incredibly rare. Cleveland-Cliffs has achieved this through its resilience, innovation and constant reinvention which has kept the company relevant and adaptive to an ever-changing world for generations,” Goncalves said in a statement.
“We are commemorating and celebrating the achievements, ingenuity and hard work of our past and present employees. From our humble beginnings as an iron ore mining company to a new era for Cleveland-Cliffs as a major vertically integrated steel company, I am proud to lead the only producer of steel in North America that has full control of its ferrous supply chain as well as the largest supplier of specialized steel to the automotive companies in North America,” he added.
You can watch the ceremony here.