Material Works Plans $20 Million Advance Flat Rolled Toll Processing Center In Osceola, Arkansas
10/28/2014
The first phase of the toll processing center calls for a 110,000-square-foot facility to house both cut-to-length and slitting lines capable of processing material from the lightest gauge the mill will produce up to half inch.
Big River Steel is building the USA’s most advanced ‘flex-mill’ on the Mississippi River in Osceola, Arkansas to serve the needs of the automotive, oil and gas, and electrical energy industries for high-performance, niche steel products. When fully operational in 2016, Big River Steel will employ over 500.
The Material Works, Ltd. is a privately-held company committed to excellence in the toll processing of flat rolled metals. TMW performs slitting, blanking, cut-to-length, leveling and EPS processing for service centers and OEM manufacturers throughout the central and southern United States.
Eric Fritsche, Vice President of Processing for TMW explained, “We will offer important value-added services to Big River Steel customers, including stretcher leveling, and our property will allow us to double our building as volumes increase.”
TMW President Kevin Voges added, “We are excited at the prospect of working with customers of Big River Steel as an on-site processor. Osceola offers a number of advantages for steel production and processing, and this new facility will match the high standards of the TMW employees at our Red Bud, Illinois operation that have already won the confidence of customers in the region. We thank those employees and the grace of our Lord who blessed us with this opportunity.”
Mark Bula, Chief Commercial Officer for Big River Steel commented, “The Material Works brings a complete package in terms of innovation, quality, and experience in the region. Our customers will enjoy working with TMW.”
“As we’ve said from the beginning of this process, we expect Big River Steel to generate jobs and economic activity outside of its fence as the company’s suppliers, related service providers and customers move into the area,” said Grant Tennille, Executive Director of the Arkansas Economic Development Commission. “Today we celebrate The Material Works and its decision to locate in Osceola. We look forward to additional announcements in northeast Arkansas over the coming months.”
"We have met with the management of The Material Works several times and I am so excited that they have made the decision to locate a facility in Osceola,” said Osceola Mayor Dickie Kennemore. “This is an excellent company to have in our industrial community, and their history proves that they will add quality management and quality jobs to this facility and our community.”
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024