Algoma Central Corporation Named One of Hamilton-Niagara’s Top Employers for the Second Year in a Row

ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (TSX: ALC) is proud to announce that it has been selected as one of Hamilton-Niagara’s Top Employers for 2024. The Award recognizes Algoma’s dedication to providing an environment where employees can thrive and reach their full potential. This will be the second year in a row Algoma has achieved this special recognition and highlights our continued commitment to creating an exceptional workplace, fostering a culture of inclusivity, investing in employees' well-being, and developing our workforce for the future.

"We are incredibly honoured to receive the Top Employer Award again this year," said Gregg Ruhl, President and CEO of Algoma Central Corporation. "This recognition stands as a testament of our ongoing efforts to recognize and value our exceptional employees by providing them with a workplace that supports their development and well-being. Their hard work and dedication fuels our commitment to investing in our team, propelling progress, and ensuring Algoma remains an outstanding place to work and the Marine Carrier of Choice,” continued Mr. Ruhl.

This accolade recognizes Algoma as an outstanding employer and emphasizes the numerous fulfilling career opportunities within the maritime industry. At Algoma, we take pride in our team members' choice to be part of our workforce, aiming for long-term commitment until retirement. For prospective employees, we encourage them to contemplate a career in marine transportation, especially with Algoma, where a gratifying and dynamic professional journey awaits.

This annual award program, organized by Canada’s Top 100 Employers, evaluates companies that excel in several key areas, including the following highlights:

Employee training and development: Algoma continues to offer and improve ongoing training and development opportunities for employees. This commitment ensures that our team members continue to grow both professionally and personally.

Work atmosphere: Algoma has a strong commitment to fostering a workplace where people of all backgrounds feel valued, respected, and included. Our Diversity, Equity, and Inclusion (DEI) council, formed in 2023, is comprised of both shipboard and shoreside employees with varying backgrounds and experiences. The council advocates for inclusion, helps create awareness, and focuses on areas of improvement to strengthen our core values.

Employee engagement & communications: We are continually working to find and implement new tools and technology to ensure employees stay engaged, find meaningful ways to collaborate with their peers, and continue to build inter-departmental relationships and teamwork.

Compensation and Benefits: Algoma offers competitive compensation packages, comprehensive benefits plans, and opportunities for career advancement.

Health & wellness: We are always striving to keep ourselves and others safe and healthy by promoting physical and mental wellness, staying informed of best practices, providing training, and finding ways to continually evolve and improve. To support the well-being of employees, Algoma has an Employee and Family Assistance Program available for free to all employees and their families.

Community involvement: We are committed to being a good corporate citizen across the communities we serve. We have been a long-time supporter of United Way and their Days of Caring®. The combination of our employees' donations and the company match has a meaningful impact in communities across Canada, guaranteeing that funds directly benefit the home provinces of our employees.

About Algoma Central Corporation

Algoma Central Corporation is a global provider of marine transportation that owns and operates dry and liquid bulk carriers, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Algoma is aiming to reach a carbon emissions reduction target of 40% by 2030 and net zero by 2050 across all business units with fuel efficient vessels, innovative technology, and alternate fuels. Algoma truly is Your Marine Carrier of Choice™. Learn more at algonet.com.