Charter Steel plans to build a new Special Bar Quality (SBQ) bar mill adjacent to its existing coil mill and steelmaking operations in Cuyahoga Heights, Ohio with an investment of $150 Million.
This highly automated rolling mill will utilize precision sizing to produce diameters from .750 to 3.250 inches (19 to 83mm) in bar lengths from 12 to 50 feet (3.7 to 15.3m). A melt capacity increase from a series of recent investments and productivity gains from continuous improvement projects will provide the additional steel for the new bar mill.
As part of this project, we will also be adding new coil finishing assets that will enhance our coil package, our surface quality and the flexibility to roll more sizes more often – coiled or straight, said John W. Mellowes, CEO of parent company Charter Manufacturing Company, Inc. The project will create about 25 jobs.
The plant is expected to be online in the second half of 2018.
|Company Name||Charter Steel|
|Location||Cuyahoga Heights, Ohio|
|Type||New Special Bar Quality (SBQ) Bar Mill|
|Estimated Cost||$150 Million|