NS Group to Expand Seamless Tube-Making and Heat-Treating Capacity
NS Group (Newport, Ky.; http://www.nsgrouponline.com) announced that its board of directors approved capital projects totaling $98 million to expand its seamless tube-making and heat-treating capacity. NS Group's total seamless tubular capacity will increase from the current level of approximately 266,000 tons-per-year to approximately 319,000 tons-per-year. In addition, the project will include new quench and temper equipment at its facility in Baytown, Tex., which will increase the company's total heat-treat capacity by 29 percent from 280,000 to 360,000 tons-per-year. The projects are expected to be complete in approximately 18 months with anticipated production outages directly related to the projects of about two weeks.