St. Lawrence Seaway Welcomes New Board Member

January 30, 2012

Cornwall, Ontario (January 30, 2012) – The St. Lawrence Seaway Management Corporation (SLSMC) is pleased to announce the appointment of Mr. James (Jim) Wilson to its Board for a three year term beginning January 27, 2012, as the representative for the steel and iron ore industries.

Mr. Wilson currently serves as General Manager, Raw Materials, for ArcelorMittal Dofasco Inc. and has over 40 years’ experience within the iron ore and steel industries, spanning roles in research, production, and purchasing. A graduate of McMaster University, his career encompasses a diverse range of progressively more senior assignments.  He has served as a Director and President of Wabush Resources Inc. and as a Director for both the Arnaud Railway and the Wabush Lake Railway.  Mr. Wilson is also a past Director of Quebec Cartier Mines (which became ArcelorMittal Mines Canada).

Terence Bowles, President and CEO of the SLSMC, welcomed the appointment of Mr. Wilson.  “The iron ore and steel industries are vital to the Seaway’s sustainability, and collectively account for a third of our total cargo volume” said Mr. Bowles.  “Mr. Wilson’s experience within these industries will prove to be invaluable as he lends insight to the SLSMC’s Board.  The next three years will be pivotal to the SLSMC’s continued development as a vital transportation artery, and Jim Wilson is a welcome addition to our Board”.

A recently published economic impact study, commissioned by Marine Delivers, demonstrates the significant role that the Great Lakes / Seaway system plays in supporting the Canadian and U.S. economies.  Some 227,000 jobs and $34 billion in economic activity are supported by the movement of goods within the Great Lakes / Seaway waterway. Since its inception in 1959, over 2.5 billion tonnes valued in excess of $375 billion has been transported via the Seaway.  For more information on the Seaway, including access to the full text of the economic impact study, please consult the www.greatlakes-seaway.com website.