- 84 - CEO Today Global Awards 2023 - USA - We are squarely focused on returning value to our team members, customers, and shareholders through high-return organic and transactional growth initiatives, while also maintaining a positive dividend growth profile that is complemented by our share repurchase program. In 2022, we announced plans to build a 650,000-metric-ton recycled aluminum flat rolled products mill, with two supporting satellite recycled aluminum slab centers. We have intentionally grown with our customers’ needs, providing efficient, sustainable supply-chain solutions for the highest quality products. Thus far, this has primarily been achieved within the steel industry — however, a significant number of our flat rolled steel customers are also consumers and processors of aluminum flat rolled products. We are pleased to further diversify our end markets with plans to supply aluminum flat rolled products with high recycled content to the countercyclical sustainable beverage can industry, in addition to the automotive and industrial sectors. We plan to begin operations mid-year 2025. Additionally in 2022, we announced an investment to meaningfully reduce our Scope 1 greenhouse gas (GHG) emissions through our partnership with Aymium, a leading producer of renewable biocarbon products. This investment represents a significant step forward on our path to carbon neutrality at our steel mills and our continued commitment to reduce our impact on the environment. We continue to see positive progress at our 3.0-million-ton Sinton, Texas, EAF Flat Roll Steel Mill, which includes valueadd processing lines. The state-of-the art facility is designed to have product capabilities beyond that of any existing EAF flat roll steel producers, competing even more effectively with the highercarbon global blast furnace steel model and foreign competition. Our differentiated business model, performance-driven culture, and the execution of our long-term strategy continue to strengthen our financial position through consistent strong cash flow generation and long-term value creation — differentiating us from our competition and demonstrating our sustainability. We assess opportunities for growth, not only for the benefit of top-line revenue improvement, but more importantly, for the growth and consistency of profit margins. We are squarely focused on returning value to our team members, customers, and shareholders through high-return organic and transactional growth initiatives, while also maintaining a positive dividend growth profile that is complemented by our share repurchase program. The passion and strength of our teams compel us to a standard of excellence — to consistently perform at the highest level. Again, our commitment to all aspects of sustainability is embedded in our founding principles — valuing our people, our partners, our communities, and our environment. These strategic principles drive long-term value creation for all of us.
RkJQdWJsaXNoZXIy Mjk3Mzkz