Posted in | News | Ferrous Alloys and Metals | Materials Testing | Materials Processing | Materials Analysis | Iron and Steel | Automotive Materials

Steel Dynamics to Expand Bar Operations in Indiana

Dec 1 2005

Today Construction of a new $18-million facility, which will be erected on property adjacent to the Pittsboro mill, will begin this fall. The facility will have an annual capacity to process 160,000 tons of bar steel and is expected to begin operations in March 2006. 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. When in full operation, the processing facility is expected to include heat-treating capabilities and will employ about 55 people.

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The State of Indiana, through the Indiana Economic Development Corporation (IEDC), will provide support and assistance for this expansion through training grants and tax incentives. The Town of Pittsboro will provide support and assistance for this expansion through property tax abatements.

SDI’s Bar Products Division produces engineered carbon and alloy SBQ round steel bars (1-inch to 9-inch diameter) and round-cornered squares (2-_ inch to 8 inch) used in a variety of industrial and automotive applications. In 2004, its inaugural year, the Pittsboro mill shipped about 315,000 tons and plans to ship nearly 400,000 tons in 2005. The mill currently has a workforce of approximately 300.

<a data-cke-saved-href="http://www.steeldynamics.com target=" href="http://www.steeldynamics.com target=" _new"="">Posted December 1st, 2005

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