GARY, Ind. (WLS) -- The mayor of Gary, Indiana is welcoming a signal from President Donald Trump that he'll approve a merger deal between U.S. Steel and Nippon Steel.
The president announced a "planned partnership" between the two companies Friday on social media.
As part of the deal, U.S. Steel would keep its headquarters in Pittsburgh.
A merger could create tens of thousands of new jobs, including many at the company's location in Gary.
Gary Mayor Eddie Melton issued a statement, saying in part, "For communities like Gary who have suffered from decades of disinvestment... this is a historic moment."
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