Steel Technologies will invest $18 million to build a new 83,000 square foot manufacturing facility in Smyrna, Tennessee.
This Manufacturing Plant will be the company’s second location in Rutherford County, and create 50 new jobs. Construction will begin mid-summer and is expected to be complete by the end of the first quarter of next year. To accommodate its current customers and attract future clients, Steel Technologies will install a slitting line and a 1,000 ton blanking press to expand its platform in Tennessee.
The company processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for the automotive, appliance, lawn and garden, agriculture, construction, office furniture, hardware and consumer goods industries. Operating 24 facilities in the United States, Canada and Mexico. Hiring at the Smyrna plant will begin in late 2016 or early 2017.
|Company Name||Steel Technologies|
|Type||New Manufacturing Plant|
|Estimated Cost||$18 Million|
Source : areadevelopment.com