Site Selection

Facility Planning

Workforce Development

Business+Place

AD Editorial Board

Bill Luttrell

Senior Locations Strategist, Werner Global Logistics, Werner Enterprises
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Christine Bustamante

National Co-Leader, Global Location and Expansion Services, State and Local Tax, KPMG LLP
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Senior Economist, Moody's Analytics
Dean J. Uminski, CEcD

Principal, Crowe Horwath
Dennis Cuneo

Managing Partner , Fisher & Phillips
Eric Stavriotis

Senior Vice President, CBRE, Inc.
Gregory Burkart

Managing Director and Practice Leader, Site Selection & Business Incentive Advisory Services, Duff & Phelps, LLC
Jamie Lominack

Corporate Real Estate Manager, Michelin North America
John Morris

SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc.
Josh Bays

Principal, Site Selection Group, LLC
Les Cranmer

Senior Managing Director, Savills Studley
Marc Beauchamp

Vice President & Partner, The CAI Global Group
Michael McDermott

Consulting Manager, Global Business Consulting, Cushman & Wakefield
Minah Hall

Managing Director, True Partners Consulting LLC
Scott Kupperman

Founder, Kupperman Location Solutions
Scott Redabaugh

Managing Director, JLL
Stephen Gray

CEO, Gray Construction
Thomas J. Stringer, Esq.

Managing Director & Practice Leader, Site Selection and Business Incentives Group, BDO USA
Tim Feemster

Managing Principal, Foremost Quality Logistics

California Steel Industries Invests $100 Million In Fontana, California, Plant Expansion

Area Development News Desk

07/31/2012

California Steel Industries, Inc. will invest more than $100 million on instillation of a new pipe mill at the company's site near Fontana, California, with estimates of creating 100 jobs.

The mill, which currently provides 1,000 jobs in the San Bernardino County region, will produce high-strength electrical resistance welded pipe, up to 24 inches in diameter and up to 80 feet in length. The Company's existing pipe mill at 14000 San Bernardino Avenue in Fontana is limited to 16-inch diameter and 60-foot lengths.

Using induction welding technology, the new mill will be capable of increased wall thicknesses and improved yields, the firm said. Annual production capacity is expected to be approximately 400,000 net tons, bringing CSI's total tubular product capacity to over 600,000 tons. The Company also produces hot rolled, cold rolled and galvanized sheet products, with a total rolling capacity approaching 3 million tons.

Vicente Wright, President and CEO, who in August becomes CSI's Chairman of the Board, said, "This will be the largest single capital investment in CSI history, and we have invested about a billion dollars since the Company was formed in 1983. This is a testimony to the Company's continued resilience in the tough economic times we are in, and is a tribute to CSI's shareholders and our employees, customers and suppliers."

Installation of the new mill equipment is expected to begin in third quarter 2012 and be concluded by end of 2014. CSI is the leading producer of steel products in the western United States.

While information about incentives offered the firm was not immediately available, the San Bernardino Valley Enterprise Zone provides tax credits for facilities expansion and job creation.

Article Discussion