AK Steel to Build Research and Innovation Center
AK Steel will build a new, world-class Research and Innovation Center in Middletown, Ohio. The 120,000-square-foot facility will be constructed on a 15-acre site and cost approximately $36 million. It will replace the company’s existing research facility at another site in Middletown. The new facility will be home to approximately 75 researchers, scientists and engineers who will perform research, applications engineering, advanced engineering, product development and customer technical services.
The facility will also house pilot lines that simulate the company’s steel manufacturing operations, ranging from melting and casting, to hot and cold rolling, to final finishing. The pilot lines are used for research, enhancing existing products, problem-solving in production, and experimentation for new and improved products. AK Steel said groundbreaking for the center is planned for the late spring or early summer 2015.
AK Steel’s largest steel manufacturing plant is also in Middletown, and the company’s corporate headquarters is in nearby West Chester, Ohio, a northern suburb of Cincinnati.