Hamilton, Ontario, Canada, has been the home of ArcelorMittal Dofasco since 1912, when C.W. Sherman founded the Dominion Steel Casting Company to manufacture castings for Canadian railways. Later named Dominion Foundries and Steel, the company merged with its subsidiary, Hamilton Steel Wheel Company in 1917. The name was officially changed to Dofasco Inc. in 1980.
The company has been a pioneer of innovative steelmaking throughout its history. In 1918, Dofasco fired up the first universal steel plate mill in Canada. Dofasco was the first company in North America to adopt basic oxygen furnace technology, in 1954. In 1996, Dofasco fired up an electric arc furnace and slab caster, the first of its kind for any fully-integrated steelmaker on the continent.
Dofasco became the first Canadian manufacturer to introduce Profit Sharing in 1938. Profit Sharing remains today the centerpiece of a unique employee relations program.
In 2006, Dofasco was purchased by Europe-based steelmaker Arcelor. During this transition, Arcelor merged with Mittal Steel to become ArcelorMittal. Today ArcelorMittal is the world’s largest steelmaker accounting for nearly 10% of global steel production.