Flack Global Metals Eyes Processing Plant in Osceola, Arkansas
11/14/2019
FGM, a leading metals service center, has plans to invest approximately $150 million and create more than 150 new jobs with its business expansion plan.
This investment, if completed, will add production capability to the Big River Steel campus for pre-painted steel and aluminum coils. Downstream slitting, blanking and embossing are being developed to further add value to painted material and to complement FGM's growing business platform. FGM hopes to begin construction on the facility in the summer of 2020 and to commission the facility in late 2021.
Dave Stickler, Big River Steel's CEO, indicated that the Big River Steel team is working closely with the state of Arkansas and the Arkansas Economic Development Corporation to attract FGM from a previously identified site in another Midwest state.
"We look forward to continuing to collaborate with FGM on the development of this advanced facility and are thrilled about the value it could bring to Arkansas," said Mr. Stickler.
"The state-of-the-art facility will not only leverage the latest in coil coating technology but also strategically position us to be a market leader in the production of surface and flatness critical steel and aluminum materials across a wide variety of applications," said FGM Founder & CEO Jeremy Flack.
Big River Steel invested $1.3 billion to build and start up the world's first Flex Mill®, a steel mini mill focused on the production of a wide product spectrum, including advanced automotive steels and electrical steels. Since operations began in early 2017, Big River Steel has provided steel products to over 200 customers in the automotive, energy, construction and agricultural industries. At Big River Steel, there's no talk of the status quo. True innovation leads to growth and is rebellious.
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024