Commercial Metals Co. has completed the purchase of land in Mesa, Ariz., for around $14.75 million. According to published reports, the company will look to build a micro minimill at the site. The mill is expected to have an annual capacity of 280,000 tons. It will use ferrous scrap as the raw material. The facility is expected to cost around $130 million.
Commercial Metals officials said they want to build a micro mill in east Mesa because of the area’s rapid growth and relatively strong construction markets.
The final design of the mill is not yet completed, but construction is expected to begin in early 2008 with completion by early- to mid-2009.
At full operation, the plant will employ 150 to 200 people.
The project, which was approved by the Mesa City Council in mid-July, will be the first micro mill operated by Commercial Metals in the United States. East Valley (Arizona) Tribune
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