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Steel Producer Evraz Locating In Chicago

Evraz plans to relocate its North American headquarters to Chicago, bringing at least 70 new full-time jobs to the city.

CHICAGO (AP) -- A steel company plans to relocate its North American headquarters to Chicago, brings at least 70 new full-time jobs to the city.

Illinois Gov. Pat Quinn announced Thursday that the steel producer Evraz is making the move thanks to a business investment package worth about $3 million from the Department of Commerce and economic Opportunity. The package includes tax credits and job training funds.

Evraz North American president and CEO Mike Rehwinkel says in a governor's office release that the company sees Chicago as a "financial and manufacturing hub" with easy travel access to its mills and customers.

The governor's office says the $4 billion steel manufacturer employs about 4,000 people in three states and Canada.
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