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NuFab Rebar Invests $7 million In Riverside, Alabama, Manufacturing Facility, Creating More Than 80 Jobs.

06/25/2012
A fabricator of concrete reinforcing steel and related products, Nufab Rebar, will invest $7 million to construct a new manufacturing facility in Riverside, Alabama, with plans to hire more than 80 employees over the next five years.

"All of us at Nufab Rebar are very excited to be building our new facility in the City of Riverside. We will begin construction of a fabrication facility that will create over 80 new jobs. The new facility will fabricate rebar for use in reinforced concrete construction projects throughout Alabama and its surrounding states," said Dennis Swinney, Nufab Rebar area manager.

"This project reflects the importance state and local partnerships in attracting new jobs and economic development to Alabama," Governor Robert Bentley said. "We have worked hard to create a positive business climate, and we are pleased that the State of Alabama could play a role in bringing new jobs to St. Clair County. We thank Nufab Rebar for the company's investment in the state, and we look forward to a long-term, positive relationship with the company."

Because new jobs are being created, the City of Riverside, a rural community east of Birmingham, Alabama was granted a $1 Million Industrial Access Grant from the Alabama Industrial Access Road and Bridge Program for road improvements. These improvements will provide safe and suitable access to the site for the company and surrounding users, just off the I-20 exit. Riverside also has a pending grant through the Economic Development Administration for a future public rail spur that the company will utilize.

"The announcement of Nufab Rebar LLC in Riverside is a monumental occasion for our community. Not only is this company creating jobs in our city, it is also creating additional potential for growth. The County, the EDC, and the Alabama Department of Commerce have walked alongside us in the recruitment process, and we feel that the decision to commit to constructing in Riverside along with the accrual of the $1 Million grant from ALDOT's Industrial Access, Road and Bridge Fund, which is the largest amount of grant money ever received by this community, will move us toward our brighter future," said Riverside Mayor Rusty Jessup.

"This project is already having positive effects on the City of Riverside in the form of infrastructure grants and direct revenue from the company for the benefit of the community. Nufab Rebar is a quality company and will have an incredible impact on Riverside going forward," said Don Smith, executive director St. Clair County Economic Development Council.

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