Gerdau Special Steel Donates $140,000 to Various Jackson Non-Profit Organizations in 2011

Contributions part of company’s ongoing commitment to improving local communities

Gerdau Special Steel North America and its employees in the Jackson office and mill collectively donated more than $140,000 to support local non-profit organizations in 2011. Among the donation recipients were several local non-profits, including the Aware Shelter, John George Home, Shop Rat Foundation, and the Interfaith Shelter, as well as nationally recognized non-profits, including the local branches of the American Cancer Society, Habitat for Humanity, the Salvation Army, and Toys for Tots, among others.
 
“Gerdau is committed to improving the lives of people in all the communities in which we operate and we are proud to support causes that help Jackson County residents,” said Jack Finlayson, president of Gerdau Special Steel North America. “We are particularly proud of the generosity of our Jackson team who worked hard to raise funds for these worthy causes, and we look forward to continuing our dedication in 2012 and beyond.”
 
Each Gerdau location has its own social responsibility committee, a team of employees who work together to identify opportunities to make a positive impact on the local community.
 
Last year’s contribution included corporate donations as well as money from employee fundraising efforts. A large portion of the contribution came from Gerdau employees who donate a percentage of each paycheck to the United Way of Jackson County. Gerdau Special Steel North America matches 30 percent of their total pledge. In 2011, Gerdau and its employees in the Jackson corporate office and mill raised approximately $70,000 through the United Way of Jackson County campaign. 
 
Gerdau Special Steel North America is one of the largest employers in Jackson. The company announced in 2011 that it is investing $320 million to expand its U.S. operations, including the mills in Michigan.
 
About Gerdau Special Steel North America
Gerdau Special Steel North America is an engineered bar producer headquartered in Jackson, Michigan, with world-class steel manufacturing plants in Jackson and Monroe, Michigan and Fort Smith, Arkansas. The company produces SBQ carbon and alloy hot rolled and bright cold finished steel bar products. Gerdau is the leading producer of long steel in the Americas and one of the largest suppliers of special long steel in the world. It has more than 45,000 employees and industrial operations in 14 countries with operations in the Americas, Europe and Asia, which together represent an installed capacity of more than 25 million metric tons of steel per year. It is the largest recycler in Latin America and around the world it transforms millions of metric tons of scrap into steel every year. Gerdau is listed on the stock exchanges of Sao Paulo, New York and Madrid and has approximately 140,000 shareholders.
 
 
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