Warren Steel Holdings, a leading producer and global supplier of high-quality carbon and alloy steel continuously cast products, reported it will restart operations at its Warren, Ohio
, manufacturing plant.
Company officials said they have been working diligently to finalize preparations for a safe and successful restart of operations after its petition for a Reasonable Arrangement relating to electricity costs
was authorized by Ohio’s Public Utilities Commission. The firm was granted assistance by Ohio Public Utilities Commission, after company officials proved Warren Steel was operating at an economic and competitive disadvantage, because it paid higher electric utility rates than competitors out-of-state.
Founded in 2001, Warren Steel Holdings is a producer and global supplier of high-quality carbon and alloy steel continuously cast products. The company temporarily suspended operation in March but did not lay off any of its employees. The firm plans to increase its workforce.
Company officials said its more than 390-acre, ISO 9001 certified facility is capable of producing approximately 800,000 metric tons of product annually. The company noted it employs state-of-the-art equipment and systems, providing it with the flexibility to quickly process highly specialized orders that meet clients’ exact specifications. WSH’s skilled workforce, rigorous testing requirements, logistical capabilities and competitive pricing distinguish it from the competition and position the enterprise for continued growth. The company’s engineered products are currently used in a variety of different industries, including aerospace
, oil, gas, mining, construction, automotive
“The restart of operations marks an important new chapter for WSH and we want to take this opportunity to reiterate our appreciation for those who endorsed and supported us, including our employees, customers and key partners, as we worked to get to this point,” said John Scheel, Vice President of WSH.
“Today, we are a stronger organization with an electric power supply rate that puts us on equal footing with our industry peers. This will allow us to function as a more efficient and competitive player in the marketplace, creating new opportunities for the business,” he added.