AM/NS Calvert to Invest in Alabama Facility
According to local reports, AM/NS Calvert LLC will invest approximately $88 million in its Mobile County, Ala., facility. The proposed expansion would include a new batch annealing facility, continuous annealing-line improvements, an upgrade to its hot-dip galvanizing line and a new automatic test line. The project, which is expected to create six new jobs within three years, would allow for the production of two new high-strength steel varieties. AM/NS Calvert is a 50-50 joint venture between ArcelorMittal and Nippon Steel & Sumitomo Metal Corp.