Steel Technologies LLC announced that the Pesqueria Municipality has authorized for industrial use the company's greenfield site for its new flat-rolled steel-processing and pickling operation in Monterrey. Construction will begin immediately, and the new plant is expected to be fully operational by the end of 2012. The $75 million, 300,000-square-foot facility will have annual processing capacity in excess of 800,000 tons. It is strategically located to offer customers supply-chain and logistical advantages.
The facility will offer a wide range of value-added
processing capabilities, including pickling, heavy- and light-gauge slitting,
and multi-blanking. Louisville, Ky.-based Steel Technologies now has 25
locations in North America.