INTOCAST Plans to Build New Production Plant in Huntingdon, Tennessee

Specifications:

Name:

INTOCAST Plans to Build New Production Plant in Huntingdon, Tennessee

Location:

Tennessee

Company:

INTOCAST

Estimated Cost:

-

Source:

https://www.intocast.de/

Introduction:

INTOCAST AG announced the construction of a new, state-of-the-art production plant dedicated to the manufacture of MgO-C refractories and materials specifically for the American market.

Features:

The new facility in Huntingdon, Tennessee provides excellent infrastructure and logistics capabilities, including river transport. The choice of location reflects the company’s strategic planning to leverage the area’s investment-friendly environment, ensuring a swift and efficient supply chain to meet the possibilities in the American market.

With an initial investment exceeding 20 million USD in Phase 1, INTOCAST USA is set to bring over 100 full-time jobs to the local economy within the next five years. The project’s Phase 2 is expected to even exceed the initial investment and introduce an additional 50 jobs, underscoring INTOCAST’s role in stimulating economic growth and attracting further investments to the region.

The new plant will boast an annual production capacity of 40,000 tons of refractory material in Phase 1, with scalable plans for expansion. Embracing the latest technology, including robotics and Artificial Intelligence for process and quality control, INTOCAST USA sets a new industry standard. The facility will feature a low-emission furnace made in Germany, full integration of product waste into a 100% circular economy, and state-of-the-art R&D and quality labs, illustrating an unwavering commitment to quality and environmental stewardship.

This significant investment marks a pivotal expansion of INTOCAST’s operations in the United States, emphasizing its commitment to innovation, sustainability, and proximity to the customers.