Posts Tagged ‘steel’

Severstal making large investment in steel mills

COLUMBUS — Severstal will invest $1.3 billion in its steel and mining operations worldwide with $43 million set aside for its rolled steel mill in Columbus. The company says in a news release that while it will spend most of its investments in 2013 on its Russian operations, $107 million will be invested in the […] [...]

University, steelmaker strike new R&D partnership

STARKVILLE —Mississippi State University and steelmaker Severstal North America (SNA) has established a research partnership aimed at helping grow the region’s high-tech manufacturing economy and foster national and international participation in ferrous alloy education and development. MSU’s Center for Advanced Vehicular Systems and SNA recently launched the Steel Research Center to establish and operate a […] [...]

Steel-making plant officially opens in Tenn-Tom port

IUKA — Dennen Steel Corp. has opened its new manufacturing facility in the northeastern corner of Mississippi. Gov. Phil Bryant was among those attending a ceremony yesterday at the 50,000-square-foot plant at Yellow Creek Port in Iuka. Workers will turn slit steel coils into precision stampings, fabricated metal parts and assemblies. The Grand Rapids, Mich.-based […] [...]

Dennen Steel breaks ground for new plant

IUKA — Dennen Steel Corp., a contract stamping manufacturer of steel products, has broken ground for construction of a new 50,000-square-foot manufacturing facility at Yellow Creek Port in Iuka. The ground-breaking was held today at the construction site. Company chairman/CEO Andrew Dennen says in a statement that the $7.4-million project will create 50 new jobs […] [...]

Steel Service shuttering Batesville plant

by Published: July 11,2011

Tags: Closing, manufacturing, plant, steel

BATESVILLE — Steel Service Corporation is closing its Batesville facility. Company officials say the Batesville operations will be consolidated at its Jackson plant, where the company is headquartered. No date has been announced for the closing. Officials tell The Panolian that the closing will result in layoffs for “six or seven” employees. They say three […] [...]

County approves loan for steel plant upgrades

LOWNDES COUNTY — Lowndes County has approved a $250,000 loan for Mississippi Steel Processing and New Process Steel to continue infrastructure improvements at the county’s industrial park. The county received a Community Development Block Grant from the Mississippi Development Authority for roads, water, sewer and rail projects. The $250,000 will be borrowed from the state […] [...]

OSHA cites Quality Steel following fatality

by Published: April 4,2011

Tags: fatalities, manufacturing, steel, workplace safety

CLEVELAND — The Occupational Safety and Health Administration has proposed penalties of $46,935 for Quality Steel Corp. in Cleveland where a worked died in 2010 in a forklift accident. OSHA said in a news release today that the propane tank manufacturer was cited for 19 safety violations. OSHA says the safety violations included failing to […] [...]

Severstal accelerating Columbus plant expansion

by Published: April 1,2011

Tags: expansions, manufacturing, steel

COLUMBUS — Severstal North America (SNA) has successfully completed the sale of its Warren, OH, Wheeling, W.V., and Sparrows Point, Md., assets to the Renco Group Inc. The sale of these assets is a key component of SNA’s strategic refocusing, which centers around the development of the company’s Dearborn, Mich., and Columbus facilities. Severstal also […] [...]

Report: Amory steel deal to hurt U.S. market

by Published: October 15,2010

Tags: Amory, China, manufacturing, steel, Steel Development Company, trade

See related stories: In The Red?, Clay Chandler, July 18, 2010 Chinese investing in Amory steel mill, Associated Press, Sept. 15, 2010 China’s WTO violations, subsidies and state ownership harm U.S. manufacturers Source: PR Newswire WASHINGTON, D.C — A new study released Thursday (Oct. 14) concludes that the unprecedented growth of the Chinese steel industry […] [...]

Chinese investing in Amory steel mill

by Published: September 15,2010

Tags: investment, manufacturing, steel

AMORY — A state-owned Chinese company signed an agreement today to invest in a Mississippi steel mill in a deal that has prompted complaints by some U.S. lawmakers that it might jeopardize national security. Anshan Iron & Steel Group Corp.’s investment is seen as a test of American willingness to accept Chinese investment. Some American […] [...]

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