Canada-Based Nova Tube & Steel Plans Manufacturing Expansion in Delta, Ohio
02/28/2020
The new facility in Northwest Ohio will produce hollow structural sections and standard pipe. With headquarters in Montreal, Canada, Nova Steel will invest more than $70 million in the new facility. Groundbreaking will take place by mid-year and the plant is expected to be fully operational in 2021.
Scott Jones, Nova Steel’s CEO, said, “We are very excited to be back in the United States with a 250,000 square-foot plant tube and pipe production facility. This strategic location in Northwest Ohio will help us serve our existing customer base more effectively and allow us to grow our business geographically.”
According to the Regional Growth Partnership, the company’s operations include pickling, slitting, leveling and pipe and tube production as well as manufactured steel products including industrial racking and heavy fabricated attachments such as front loaders and excavators. The company supplies numerous industries including automotive, construction, mining, rail, agriculture, transportation and the defense sector.
In selecting Northwest Ohio for construction, Jones pointed to several factors in the site decision. RGP reported. A primary advantage is Northwest Ohio’s proximity to excellent steel coil supply. Other factors include transportation advantages such as direct rail access and the heavy load limits on highways between Ohio, Michigan and Canada. Mr. Jones also emphasized the availability of suitable “ready to build” land in Fulton County as a major feature.
Many regional partners worked collaboratively in moving this project forward, including JobsOhio, the Regional Growth Partnership, Fulton County Economic Development Corporation, and Toledo Edison/First Energy.
“Nova Steel’s decision to choose Ohio for its new manufacturing facility brings an innovative company and more than 100 new jobs to Delta,” said Dana Saucier, JobsOhio vice president and head of economic development. “The new steel plant will utilize the latest in advanced manufacturing technology with Ohio talent to support growing demand in the North American market.”
Most Read
-
-
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
Q3 2021
-
The “Great Resignation” Is Impacting Corporate Relocations
Workforce Q4 2021
-
Changes in the Incentives Landscape
Q3 2021
-
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Q3 2020
-
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Q2 2021
-
How an International Business Can Enter the U.S. Market Via M&A
Q4 2021