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Released June 24, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--With demand rising from the automotive, power-generation and heavy-manufacturing sectors, developers of metal-based products across the U.S. are expanding their existing plants and making room for new equipment. Industrial Info is tracking nearly $2 billion worth of capital-spending projects in the sector for metals rolling, processing, finishing and fabrication across the U.S. that are set to begin construction in the third quarter.
Click on the image at right for a graph detailing the top parent companies for capital-spending projects in the U.S. metals rolling, processing, finishing and fabrication sector that are set to kick off from July through September.
Wieland Rolled Products North America, a subsidiary of Wieland Group (Ulm, Germany), recently started site preparations for a $500 million modernization of its brass mill and foundry in East Alton, Illinois, which is expected to begin construction around August. Wieland plans to install a state-of-the-art hot-rolling mill to enhance its production of copper and copper alloy components used in advanced energy applications such as electric vehicles (EVs), EV charging stations and renewable-energy generation. The company also plans to add an electric substation to the site.
In a press release announcing the investment, Wieland said the modernization will "amplify its operational efficiency and deliver even higher standards of quality and reliability for its entire portfolio of copper and copper-alloy rolled product solutions." Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can learn more in a detailed project report and plant profile.
The southeastern U.S. has become a destination for metal-product developers in recent years, and Ternium International USA, a subsidiary of Techint Group (Buenos Aires, Argentina), is preparing for a $120 million expansion of its steel-coil cold rolling and finishing mill in Shreveport, Louisiana. Ternium says the second coil-coating line, which will have an annual capacity of 120,000 tons, will increase its full U.S. capacity for the product by about 53%. Subscribers can learn more from a detailed project report.
Another company planning to expand an existing facility in the south is Gregory Industries Incorporated (Canton, Ohio), which is gearing up for a $20 million expansion of its galvanized roll-form steel products plant in Athens, Alabama. The facility produces Gregory's G-STRUT brand of metal-framing materials, which have a wide variety of uses in the infrastructure and construction sectors. Subscribers can learn more from a detailed project report.
Not surprisingly, much of the third-quarter activity in the U.S. metals rolling, processing, finishing and fabrication sector can be found in the "Rust Belt" region, which spans much of Pennsylvania, Ohio, Michigan and Indiana. In Pennsylvania, two steel-material producers are building out existing facilities: JM Steel Corporation (Huger, South Carolina), which is planning $10 million in equipment additions at its structural steel fabrication plant in Leetsdale, and PMF Industries Incorporated (Williamsport, Pennsylvania), which is planning an $8 million expansion of its steel-cylinder plant in Williamsport.
JM Steel, a subsidiary of JENNMAR Holdings (Pittsburgh, Pennsylvania), is using the expansion at its Leetsdale facility to increase its production of solar tubes and other components for the solar-energy sector. JM Steel's output from the facility is dedicated to Nextracker (NASDAQ:NXT) (Fremont, California), which provides software solutions and other services to the solar sector. Subscribers can read detailed reports on the Leetsdale and Williamsport projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for projects in the U.S. metals rolling, processing, finishing and fabrication sector that are set to begin construction from July through September.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top parent companies for capital-spending projects in the U.S. metals rolling, processing, finishing and fabrication sector that are set to kick off from July through September.Wieland Rolled Products North America, a subsidiary of Wieland Group (Ulm, Germany), recently started site preparations for a $500 million modernization of its brass mill and foundry in East Alton, Illinois, which is expected to begin construction around August. Wieland plans to install a state-of-the-art hot-rolling mill to enhance its production of copper and copper alloy components used in advanced energy applications such as electric vehicles (EVs), EV charging stations and renewable-energy generation. The company also plans to add an electric substation to the site.
In a press release announcing the investment, Wieland said the modernization will "amplify its operational efficiency and deliver even higher standards of quality and reliability for its entire portfolio of copper and copper-alloy rolled product solutions." Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can learn more in a detailed project report and plant profile.
The southeastern U.S. has become a destination for metal-product developers in recent years, and Ternium International USA, a subsidiary of Techint Group (Buenos Aires, Argentina), is preparing for a $120 million expansion of its steel-coil cold rolling and finishing mill in Shreveport, Louisiana. Ternium says the second coil-coating line, which will have an annual capacity of 120,000 tons, will increase its full U.S. capacity for the product by about 53%. Subscribers can learn more from a detailed project report.
Another company planning to expand an existing facility in the south is Gregory Industries Incorporated (Canton, Ohio), which is gearing up for a $20 million expansion of its galvanized roll-form steel products plant in Athens, Alabama. The facility produces Gregory's G-STRUT brand of metal-framing materials, which have a wide variety of uses in the infrastructure and construction sectors. Subscribers can learn more from a detailed project report.
Not surprisingly, much of the third-quarter activity in the U.S. metals rolling, processing, finishing and fabrication sector can be found in the "Rust Belt" region, which spans much of Pennsylvania, Ohio, Michigan and Indiana. In Pennsylvania, two steel-material producers are building out existing facilities: JM Steel Corporation (Huger, South Carolina), which is planning $10 million in equipment additions at its structural steel fabrication plant in Leetsdale, and PMF Industries Incorporated (Williamsport, Pennsylvania), which is planning an $8 million expansion of its steel-cylinder plant in Williamsport.
JM Steel, a subsidiary of JENNMAR Holdings (Pittsburgh, Pennsylvania), is using the expansion at its Leetsdale facility to increase its production of solar tubes and other components for the solar-energy sector. JM Steel's output from the facility is dedicated to Nextracker (NASDAQ:NXT) (Fremont, California), which provides software solutions and other services to the solar sector. Subscribers can read detailed reports on the Leetsdale and Williamsport projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for projects in the U.S. metals rolling, processing, finishing and fabrication sector that are set to begin construction from July through September.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
