News & Events
Economic Development
CLEVELAND & WEST CHESTER, Ohio — Cleveland-Cliffs Inc. (NYSE: CLF) and AK Steel Holding Corporation (NYSE: AKS) are pleased to announce that they have entered into a definitive merger agreement pursuant to which Cliffs will acquire all of the issued and outstanding shares of AK Steel common stock. Lourenco Goncalves, Chairman of the Board, President and CEO of Cliffs, will lead the expanded organization.
Under the terms of the merger agreement, AK Steel shareholders will receive 0.40 shares of Cliffs common stock for each outstanding share of AK Steel common stock they own. Upon completion of the transaction, Cliffs shareholders will own approximately 68% and AK Steel shareholders will own approximately 32% of the combined company, respectively, on a fully diluted basis.
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Chamber of Commerce
Dear Prospective Parade Participant:
The Christmas season is rapidly approaching, and the Ashland Alliance’s Winter Wonderland of Lights parade will take place on Tuesday, November 26 in downtown Ashland. The theme for this year’s WWOL’s parade is “Candy Cane Christmas”.
Judging criteria for the float competition: is “Best Overall”, “Best Theme” and “Runner-up”. There will be prizes of two $500 awards and a $300 award for runner-up. The parade will also feature a band competition, with the winning band leading next year’s parade.
Please find the Application Form and the Rules and Regulations, as set forth by WWOL and the Ashland Police Department. When you sign the Application Form, your signature signifies you have read and will abide by the rules for the parade. I will send you a staging area map with your participation confirmation letter.
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President's Report
November 22, 2019
PRIDE IN OURSELVES
Each week I have the honor to recap the week of activities and share news about the Alliance and our members. I am especially proud this week to share the news of the day. My report is centered on how this community celebrates the holidays and shows its pride.
On Monday, we partnered with the Winter Wonderland of Lights Committee and the City of Ashland in lighting up Central Park. For 38 years the park has served as the centerpiece of pride for the holidays. This year over 850,000 LED lights highlight the Christmas spirit here in Ashland. Since the early 1900’s the City of Ashland has decorated for Christmas and brought the holiday season to life in downtown. Starting in the 1915-1920’s lights were introduced to the city streets for the holidays. For over 100 years people from all over the Tri-State and beyond have come here to feel the joy of the holidays.
Monday was also the day that our own Paula Mayo was named the Grand Marshall of the Winter Wonderland of Lights Parade. The Parade will be 7:00 sharp this coming Tuesday. Paula has worked as a key person for the last 38 years on this celebration and is the perfect person to have this honor.
Last Night was also one of the best events and After Hours of the year for the Alliance. DESCO Federal Credit Union and the Paramount Arts Center hosted the first glimpse of Festival of Trees and Trains… "All that Glitters". Hundreds of you, the business community, came out to see and feel the Christmas Season come alive in one of the most beautiful settings in the State.
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