2022-09-23 | NYSE:X | Press release


United States Steel Corporation (NYSE:X) (“US Steel”) today joined Pennsylvania Governor Tom Wolf and community partners including the Braddock Carnegie Library Association (BCLA) and the Pittsburgh Penguins , at a groundbreaking celebration for the Carnegie One Capital campaign to renovate the Braddock-Carnegie Library.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220923005483/en/

US Steel President and CEO David B. Burritt announces an additional $500,000 contribution to the Carnegie One Capital campaign, bringing US Steel’s donation to $1 million. (Photo: BusinessWire)

At the event, US Steel President and CEO and Honorary Campaign Co-Chair David B. Burritt announced that US Steel is committing an additional $500,000 for the renovation in addition to an existing $500 commitment. $000, bringing US Steel’s total campaign contribution to $1 million. The goal for the Carnegie One fundraising campaign is $18 million to fund major renovations and additions, including a performance hall, retail space, gymnasium, print shop, ceramics studio, and spaces designed for children and teens.

In addition to Burritt, the ceremony featured speakers including Governor Tom Wolf, Pittsburgh Penguins President of Business Operations Kevin Acklin, Braddock Carnegie Library Association Executive Director Vicki Vargo and Executive Director of the Eden Hall Foundation, Sylvia Fields.

“The Braddock Carnegie Library is the first of thousands of libraries funded by US Steel founder Andrew Carnegie in the United States,” says Burritt. “This library, like US Steel itself, is part of the fabric of this region, and it will take teamwork to breathe new life into the building. That’s why we’ve doubled our contribution from $500,000 to a total of $1 million. It’s an investment in our community to make it more than a library – a shining example of what can happen when partners come together to uplift communities and create a space that is best for everyone.”

The State of Pennsylvania also invested $1 million in the project through the Redevelopment Assistance Program (RACP) and $750,000 through a Keystone Grant for Public Library Facilities through the Ministry of Education.

“I am proud to support the legacy of the Braddock Carnegie Library with a $1.75 million contribution to the next chapter of growth for this building and this community,” said Governor Tom Wolf. this library will not only serve as a portal to knowledge and culture, but also a safe place where residents can gather for camaraderie and exercise, creativity and curiosity.”

In addition to co-chairing the Capital Campaign, US Steel and the Pittsburgh Penguins will launch the second season of their Reading Champions partnership later this month. Reading Champions is a program designed to encourage elementary school students to read 20 minutes a day (the length of a hockey period). Last year, more than 200 students participated in the Reading Champions program, created to improve literacy rates in Allegheny County.

“On behalf of the Pittsburgh Penguins and our ownership at Fenway Sports Group, we are honored and privileged to partner with US Steel and the Braddock Carnegie Library Association to help restore this historic library that is so important to the economic renaissance and cultural heritage of the Braddock community,” said Pittsburgh Penguins President of Business Operations Kevin Acklin. “We are proud to stand with the people of Braddock and look forward to seeing the Braddock Carnegie Library continue to serve its children. and its residents for decades to come,” said Aclin.

The Braddock Carnegie Library renovation plan will allow the BCLA to better fulfill its mission as a responsive and essential place of learning, development and community enrichment for its neighbors.

“The Braddock Carnegie Library has a proven track record of providing area residents with dynamic and engaging educational resources, while creating cultural spaces that patrons of all ages can enjoy. With early support from Eden Hall, the investment Commonwealth’s RACP and now US Steel’s million dollar commitment, we are poised to cement the future of the library for generations to come,” said Vicki Vargo, executive director of the Braddock Carnegie Library Association “This renovation will ensure that the great building that Andrew Carnegie donated to the community will evolve and be accessible and sustainable to serve the community for another 130 years.”

Steel in the United States

Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Best for All, customer-centric company® strategy advances a more secure and sustainable future for US Steel and its stakeholders. With a renewed focus on innovation, US Steel serves the automotive, construction, appliance, energy, container and packaging industries with high value-added steel products such than US Steel’s proprietary XG3™ advanced high-strength steel. The Company also maintains competitively advantageous iron ore production and has an annual crude steel production capacity of 22.4 million net tons. US Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.


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