North American Stainless Investing $30M in Ghent, Kentucky
01/28/2011
"We are very pleased that our parent company, Acerinox, S.A., has authorized this investment and again demonstrated its confidence in our employees, Kentucky and Carroll County," said Cristobal Fuentes, president and CEO of North American Stainless.
The company plans to begin construction in the spring. It will add 35,000 square feet to the facility's Long Products plant. It expects to complete the expansion by the second quarter of 2012.
Acerinox has headquarters in Madrid, Spain. Its Ghent facility represents its largest Spanish investment in the United States. In total, it has invested more than $2 billion in its Ghent plant. It employs 1,355 people.
The aviation, automotive, chemical, plumbing, manufacturing, and food service industries all utilize peeled bar stainless steel.
Project Announcements
Clayton Plans Conway, Arkansas, Manufacturing Operations
11/05/2024
Folkland Foods Expands Erie County, Pennsylvania, Operations
11/05/2024
Sierra Pacific Industries Establishes Phenix City, Alabama, Manufacturing Operations
11/04/2024
Japan-Based DENSO Expands Athens, Tennessee, Manufacturing Operations
11/02/2024
Western Smokehouse Partners Plans Mexico, Missouri, Manufacturing Operations
11/02/2024
Ridgenet Network Group Expands Pulaski County, Kentucky, Manufacturing Operations
11/02/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Permitted Power Capacity Foreshadows Health of Regional Economies
Q3 2024
-
What If the Longshoremen's Strike Had Persisted? Examining the Potential Economic Fallout
Q4 2024