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Ticker: Third Trader Joe’s store votes to unionize; Boston Metal announced a $120 million investment

A Trader Joe’s store in Louisville, Kentucky, has become the grocery chain’s third to vote to unionize.

Workers at the store voted 48-36 in favor of the union Thursday evening, according to the National Labor Relations Board, which conducted the election.

Workers from the Louisville store will now join workers from two other unionized Trader Joe’s stores at the bargaining table, where they are trying to hammer out a new labor agreement. In July, a Trader Joe’s in Hadley, Massachusetts, was the first in the country to unionize; a store in Minneapolis unionized in August.

Boston Metal gets $120M boost

The manufacture of “green steel” moved one step closer to reality Friday as Massachusetts-based Boston Metal announced a $120 million investment from the world’s second-largest steelmaker, ArcelorMittal.

Boston Metal will use the injection of funds to expand production at a pilot plant in Woburn, near Boston, and help launch commercial production in Brazil. The company uses renewable electricity to convert iron ore into steel.

Steel is one of the world’s dirtiest heavy industries. Three-quarters of world production uses a traditional method that burns through train loads of coal to heat the furnaces and drive the reaction that releases pure iron from ore.

Tadeu Carneiro, CEO of Boston Metal, said its technology is “designed to decarbonize steel production at scale” and would “disrupt the industry.”

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