Altex Tube will establish a new manufacturing plant at the Golden Triangle Industrial Park in Columbus, Mississippi. The $110 million project is expected to create 58 jobs.

The company, which is locating on the Steel Dynamics campus, will manufacture black and pre-galvanized steel tubing in various sizes using coil products produced by SDI. Construction will be underway this summer, and manufacturing will commence in mid-2023 with the second phase of the project also set to begin in 2023.

“As a Mississippi State graduate, I’m thrilled to be relocating back to Mississippi. Altex Tube is thankful for local and state support throughout this process of building a world class HSS and mechanical tube mill in the Golden Triangle. Our new mill, supplied by MTM Spa, will utilize the latest technologies available to manufacture black and pre-galvanized steel tubing ranging in size from 1 inch to 6 inches square and 1.25 inches to 7.625 inches round, up to 48 feet in length and thicknesses ranging from .060 inches to .375 inches. Altex Tube will be built in two phases with phase one scheduled to be operating by mid-2023,” Zach Smith, President and CEO, Altex Tube said.

The Mississippi Development Authority (MDA) is providing assistance for site preparation. Lowndes County and the city of Columbus are assisting with the project, as well.

“The Mississippi Development Authority has worked diligently with Altex Tube and our economic development partners at the Golden Triangle Development LINK, Lowndes County and the city of Columbus to foster job creation and increase the quality of life in this important region. The jobs provided by Altex Tube will have a significant positive impact across the entire Golden Triangle Region for years to come,” said MDA Interim Executive Director Laura Hipp.

“The Golden Triangle Development LINK is thrilled to welcome Altex Tube to our region and back into the steel business. The partnership between SDI and Altex Tube solidifies that the Golden Triangle is the preferred location for steel products in the Southeast. We are excited to work with Altex Tube as they grow their business in this region,” said Joe Max Higgins, CEO of the Golden Triangle Development LINK.