Sugar Steel is investing more than $1.6 million and creating 26 jobs in Evansville, Indiana. The company provides first-stage processing for steel beams, angles, channels, tubes, pipes, plates, and other structural components. It will occupy an existing 100,000-square-foot facility.
"Sugar Steel is happy to be in Evansville and grateful to be able to create opportunities for local workers and families in the area. The company looks forward to the new challenges and opportunities ahead," said Skeet Luther, Sugar Steel office manager and sales representative.
The Indiana Economic Development Corporation has offered Sugar Steel Corporation up to $175,000 in performance-based tax credits. The city of Evansville has also offered property tax phase-in at the request of the Growth Alliance for Greater Evansville.