Steel Dynamics Expanding Bar Operations

Steel Dynamics, Inc. announced plans to expand operations at its Bar Products mill in Pittsboro, IN. The expansion will add a number of downstream finishing operations for its special-bar-quality steel bars. The additional processing capabilities will provide essential processes and services that have been requested by the company’s SBQ customer base.

Construction of the $18-million project will start this year, and is slated to be operational by this coming March.. The facility will have an annual capacity to process 160,000 tons of bar steel. Processing operations will include turning, polishing, straightening, chamfering, and precision saw-cutting. In addition, non-destructive testing services will be available, including eddy current, flux leakage and ultrasonic inspection.

The state of Indiana, through the Indiana Economic Development Corporation, will provide support and assistance for this expansion through training grants and tax incentives. The town of Pittsboro, IN, will provide support and assistance for this expansion through property tax abatements.