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Nucor Corp. plans to build a third TrueCore manufacturing facility to be located in Brigham City, Utah. The 120,000-square-foot facility will manufacture insulated wall and roof panels using continuous line equipment. It is expected to be operational in 2022 and will employ 50 workers. TrueCore produces insulated metal panels that are used as exterior walls, interior partitions, ceilings and roofs in the cold storage and industrial construction markets. With thicknesses ranging from 2-8 inches and widths up to 44 inches, the company’s panels and facilities are designed to deliver consistent quality and reduced lead times.
TMS International, a provider of outsourced industrial services to steel mills, acquired the business and assets of Stein LLC and Stein Steel Mill Services of Cleveland, Ohio. Stein provides services to steel producers throughout the U.S. Its full-service operations provide metal producers with the flexibility and resources to handle a wide range of steel-mill processing services, such as slag removal and metallics reclamation, scrap handling, scrap management, recycling, raw-material screening, material handling, and maintenance and repair services.
Feralloy Corp., a Chicago-based steel processing company, plans to locate a $17.5 million facility on Nucor Steel Gallatin’s campus near Ghent, Ky., to level and cut steel for customers throughout the Ohio Valley region. The facility will create 30 new jobs. By leasing a 60,000-square-foot facility at Nucor’s steel mill, Feralloy will receive steel coils directly from the mill and then cut and level them into high-quality sheets per customer spec. Operations are scheduled to begin in October of this year with one shift of 15 employees before expanding to additional shifts soon after.
INOX Market Service, a global stainless steel processing company based in Italy, announced plans to establish its North American headquarters in Delaware County, Ind., creating up to 101 new jobs by the end of 2024. The company, which has operations in Europe, Mexico and India, will launch INOX Market North America (IMNA) and invest more than $15 million to construct and equip a 139,800-square-foot facility in Muncie. The new plant will allow INOX to expand its stainless steel forming and slitting operations while growing customer demand in the home appliance and industrial sectors. Construction is scheduled to begin this summer, and the company expects to start production in spring 2021.
Alro Steel opened a 194,000-square-foot manufacturing facility in Oshkosh, Wis., on March 16, 2020. It replaces the previous 66,000-square-foot facility. In addition to expanded product offerings, the Oshkosh location added new processing capabilities and equipment, including shearing, large-capacity saw cutting, shot blasting for material up to 60 inches wide, and automated equipment to clean and prepare flame- and plasma-cut parts for shipment. The expanded inventory and processing services allow the Oshkosh facility to focus on cut-to-size metals and next-day delivery to Wisconsin customers.
Reliance Steel & Aluminum Co., through its wholly owned subsidiary American Metals Corp., acquired all of the capital stock of Haskins Steel Co. Inc. of Spokane, Wash.
Pennsylvania Governor Tom Corbett announced that Olympic Steel Inc. will expand its steel processing facility in Franklin County, creating at least 90 new manufacturing jobs.