Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

US Forged Rings Plans Hertford County, North Carolina, Steel Component Operations

03/02/2026
Specialty steel manufacturer US Forged Rings plans to establish manufacturing operations in Hertford County, North Carolina. The $875 million project is expected to create 625 jobs.

The investment will include the construction of a new facility, adjacent to Nucor Steel’s steel processing site, which will produce specialty steel components for heavy industries like wind, nuclear, and mining.

“This investment into the first two phases of our Hertford County, North Carolina facility will bring good paying jobs back to America, substitute imports, lower dependency on foreign suppliers, increase the resilience of the US economy, and help lower uncertainty in the costs and timing of building power plants and other critical infrastructure that the country very much needs,” said US Forged Rings’ CEO & President, Giacomo Sozzi.

Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on the project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Departments of Transportation and Environmental Quality, the North Carolina Railroad, CSX Transportation, Dominion Energy, Hertford County and its Board of Commissioners, and the Hertford County Economic Development Department.

“Eastern North Carolina means business, and this announcement is great news for families throughout the region,” noted N.C. Commerce Secretary Lee Lilley. “US Forged Rings appreciates our state’s commitment to match specialized training with the hardest working people in America to provide the skilled workers the company needs to succeed in today’s competitive business environment.”

US Forged Rings is an integrated, one-stop-shop manufacturer of specialty steel products and large-diameter steel fabrications. The company’s products include critical service fabrications, specialty tubulars and forgings used in power generation such as reactors, heat exchanger, and high temperature steam handling; and industrial components such as rings, shafts, and cylinders used in a variety of industries.

“USFR’s decision to invest in eastern North Carolina is a powerful endorsement of a region that is primed for continued industrial growth,” added Christopher Chung, CEO of the Economic Development Partnership of North Carolina. “With the largest manufacturing workforce in the Southeast and a strong inventory of development-ready sites, North Carolina is positioned to help projects like this move quickly from announcement to operation.”

Exclusive Research