New facility will produce carbon, stainless and aluminum coil.
ThyssenKrupp Materials NA Inc. (TKMNA), headquartered in Southfield, Mich., has invested more than $15 million at its Woodstock, Ala., facility that will allow the company to produce a range of coil products. The facility currently employs 20 workers. At full capacity, the facility will create nearly 45 full-time jobs.
The Woodstock facility will process and distribute carbon steel, stainless steel and aluminum coil for TKMNA’s customers throughout the southern United States. ThyssenKrupp Steel Services and Ken-Mac Metals, both divisions of TKMNA, occupy the facility. Currently, two cut-to-length lines and one 72-inch-wide slitter process material through the facility. TKMNA’s investment includes a surrounding property, which will allow the facility to expand up to 250,000 square feet.
“The Americas region is the second-largest region in our international materials business and is a key area for investment and opportunity with the recent resurgence of manufacturing throughout the country,” says Joachim Limberg, CEO, business area material services of ThyssenKrupp AG. “This new facility is key to our global strategy and establishes a great, customer-focused location in the heart of America’s manufacturing region.”
Hans-Josef Hoss, president and CEO of TKMNA, adds, “We are very excited for our company to grow in Alabama. This is an ideal location to strengthen TKMNA’s footprint because the region has shown impressive manufacturing growth in recent years. The Woodstock facility allows for a much closer relationship with customers throughout the South and greatly enhances our supply chain effectiveness.”