Olympic Steel Expanding in Gary, Indiana, with $25M Investment
11/08/2010
"We are thrilled to announce this strategic growth initiative and its prime location on the U.S. Steel Gary Works site. Once fully operational, the new equipment, depending on the steel processed, annually adds 150,000 to 180,000 new tons of high quality tempered sheet capacity for Olympic Steel. We look forward to operating a third temper mill facility to serve our customers in the Chicago market, allowing our existing Cleveland and Iowa temper mills to expand their respective sales territories," said Olympic Steel Chairman and CEO Michael D. Siegal.
Olympic Steel will house a Butech cut-to-length line, a four-high temper mill, and several pieces of plate burning equipment in the 150,000-square-foot facility. The company expects to open the site in the first half of 2012.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024