Press report, 01-04-2008

Hiring Announced for ThyssenKrupp’s State-of-the-Art Carbon and Stainless Steel Processing Facility

Plant Now Accepting Resumes for Professional Jobs

MOBILE, ALABAMA [January 4, 2008]

ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA today announced the beginning of the hiring process for professional salaried positions. This process will continue over the next three years until the $3.7 billion state-of-the-art carbon and stainless steel processing facility commences operations in 2010. When fully operational, the plant will employ 2,700.

Both companies are seeking qualified professionals to fill jobs in Operations Management, Accounting and Finance, Information Technology, Human Resources, Logistics, Purchasing, Project Management, Maintenance Management, Production Planning, Steel Sales and Marketing, Environmental Health and Safety, Engineering, and Quality Assurance.

Interested candidates can view available positions and submit their resumes online via the “Careers” link at www.thyssenkruppnewusplant.com. New openings will be added regularly, and interested applicants are encouraged to visit the site often. Advertisements will begin appearing in local and regional publications beginning January 6, 2008.

Resumes will be reviewed by the companies’ human resources teams. Candidates deemed qualified will be contacted by ThyssenKrupp Steel USA or ThyssenKrupp Stainless USA for interviews.

When the decision to site the facility in Alabama was announced in May, all applicants were requested to submit their resumes through the Mobile Area Chamber of Commerce. Some individuals also submitted resumes to Alabama Industrial Development Training (AIDT). Resumes that have been submitted to the Chamber or AIDT to date have now been turned over to ThyssenKrupp. There is no need to resubmit for professional positions.

“This is a great opportunity for new hires to get in on the ground floor of what is expected to be one of the largest private industrial development projects in the United States over the next decade,” said Andy Ritter, Vice President of Human Resources at ThyssenKrupp Steel USA. “We want to thank the Chamber and AIDT for coordinating resumes on our

behalf for the past months and we are pleased that we are now ready to receive them through our own site.”

“We are excited to move forward in our recruitment efforts,” said David Scheid, Vice President of Human Resources at ThyssenKrupp Stainless USA. “We are equal opportunity employers and are committed to hiring a workforce that is representative of the communities surrounding our plant,” he added.

In November, ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA broke ground at the construction site of their new 3,500-acre joint facility in Calvert, Alabama. The new plant will process carbon and stainless steel for high-value applications by manufacturers in the United States and throughout North America. It will serve industries including automotive, construction, and household appliances.

The ThyssenKrupp Group, based in Duesseldorf, Germany, is a global technology company which consists of five business segments – Steel, Stainless, Technologies, Elevator and Services. The company has annual sales of €51.7 billion (US$68.75 billion) and employs over 191,000 in over 70 countries worldwide.

ThyssenKrupp Steel, based in Duisburg, Germany, is the holding company for the carbon steel activities of the Group. It is the largest single entity of ThyssenKrupp. Last year, it produced approximately 14 million metric tons of crude steel and generated sales of €13.2 billion (US$17.55 billion). This business segment is focused on high-quality carbon steel flat products and is one of the world’s leading producers, ranking second in Europe. The segment employs approximately 39,600. Its subsidiaries are active in processing, coating and steel services. Subsidiaries include Rasselstein GmbH, the world’s largest tinplate production site in Andernach, Germany, and Duisburg-based ThyssenKrupp Tailored Blanks GmbH, world market and technology leader in laser-welded blanks for the auto industry.

ThyssenKrupp Stainless, also based in Duisburg, Germany, unites all of ThyssenKrupp’s activities in the areas of stainless steel flat-rolled products, nickel alloys and titanium. Thanks to its innovation potential, ThyssenKrupp Stainless has achieved leading market positions worldwide. The segment has annual sales of €8.7 billion (US$11.57 billion) and approximately 12,200 employees around the globe. Operating companies include German-based ThyssenKrupp Nirosta, Italy’s ThyssenKrupp Acciai Speciali Terni, ThyssenKrupp Mexinox in Mexico, Shanghai Krupp Stainless in China and ThyssenKrupp VDM. ThyssenKrupp Stainless International is responsible for all stainless sales, distribution and service activities of the Stainless segment where these are not directly allocated to the production companies. The Stainless segment serves global customers in the appliance, electronics, automotive and aerospace industries.

ThyssenKrupp operations can be found in every state in the U.S. There are 70 ThyssenKrupp companies in more than 400 locations accounting for 25,000 employees and more than US$9.7

billion in annual sales. Through its predecessor companies, ThyssenKrupp has been part of the U.S. historical landscape for 170 years, dating back to 1837 when Alfred Krupp, founder of predecessor company Krupp, provided coin minting machine prototypes to the United States.




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