hosts signing ceremony and reception in honor of partnership agreement between
Anchorage-based Steel Brothers, Inc.
and Hyundai Steel of Korea
14 April 2006
|It was a beautiful spring evening in
Anchorage. From the windows of Josephines, at the top of the Sheraton Anchorage
Hotel, there was an expansive view over the city and one could clearly see the majestic
Mount McKinley rising in the distance. This was the setting for a signing ceremony during
which one of WTCAKs newest members, Steel Brothers, Inc. of Anchorage, and Hyundai
Engineering and Steel Industries of South Korea, a global leader in steel fabrication,
formalized a partnership that establishes Steel Brothers as the exclusive representative
of Hyundai Steel in the state of Alaska. The signing ceremony, and the reception for
business and government leaders that followed, was organized by WTCAK. Nearly one hundred
people participated in the events.
Han Sub Yoo, the president and CEO of Hyundai Steel traveled to Anchorage with several
senior executives to sign the agreement. Steve Jones, the president of Steel Brothers,
signed on behalf of the Anchorage-based company. According to Jones, this exclusive
distribution agreement is an extraordinary opportunity for our company. It marks, for the
first time, a commitment by a proven world leader in steel to be represented by an
all-Alaskan company. Hyundai, which today exports fabricated steel to customers on
every continent, has a long history with Alaska. The companys first overseas project
was the Hurricane Gulch Bridge.
Han Sub Yoo, the President and CEO of
Hyundai Steel (left) and Steel Brothers president Steve Jones (right) sign the
partnership agreement during a ceremony on 14 April 2006 at the Sheraton Anchorage Hotel.
After signing the partnership
agreement, Yoo and Jones shake hands and express congratulations.
During the reception that followed
the signing ceremony, Yoo made a presentation on the history and current operations of
Hyundai Engineering and Steel Industries.
World Trade Center Alaska organized
the events and Greg Wolf, the executive director of WTCAK, served as the master of