Steel Industries Launches Expansion Project
Steel Industries Inc. (Redford Township, Mich.; http://www.steelindustriesinc.com), an Ameriforge Group company, launched a $12 million capital expansion project. The company, an open-die forging and seamless rolled ring manufacturer, purchased land and buildings adjacent to its current manufacturing facilities in February and completed demolition of the old building in June. A new heat-treating complex, additional CNC machining equipment, and other ancillary processing equipment are being added. The expansion will create over 20 new jobs.