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Researched by Industrial Info Resources (Sugar Land, Texas)--Long associated with the construction and automotive markets, the U.S. sector for the shaping and fashioning of metals is finding newer customers in the electronics and alternative fuels industries, where emerging technologies demand quickly supplied components. Industrial Info is tracking more than $2.3 billion worth of capital-spending projects in the U.S. metal rolling, processing, finishing and fabrication sector that are set to begin construction in the fourth quarter, nearly half of which is related to the manufacturing of steel pipes and tubes.
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 October through December.
Among the top spenders in the coming quarter is Atlas Tube Incorporated, a subsidiary of Zekelman Industries Incorporated (Chicago, Illinois), which is the largest independent steel pipe and tube manufacturer in North America. A $120 million expansion of its tubing mill in Blytheville, Arkansas, will give Zekelman the capacity to manufacture inline steel tube galvanizing products in sizes not currently available in the U.S. or Canada. Blytheville is located in Mississippi County, which became the largest steel-producing county in the U.S. in 2023, following years of investment from industry titans such as United States Steel Corporation (NYSE:X) (U.S. Steel) (Pittsburgh, Pennsylvania), Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) and Zekelman.
On a smaller scale, the Atlas subsidiary also is preparing for $2.3 million in upgrades to its tubing mill in Birmingham, Alabama, which will help the company to meet rising demand from the solar-power market. The project complements Zekelman's $3.9 million development of a steel tube-finishing plant in Birmingham, where it will perform finishing processes on torque tubes produced at the Atlas site. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can read detailed reports on the Blytheville project and the tubing and finishing projects in Birmingham.
Alabama has become a popular destination for project developers in the downstream metals sector. A subsidiary of Constellium SE (NYSE:CSTM) (Paris, France) hopes to add up to 300 million pounds of annual casting capacity through an expansion to its aluminum alloy plant in Muscle Shoals. Last month, the U.S. Department of Defense selected the site for a $23 million investment under its Defense Production Act Investments (DPAI) Program, which will allow the site to increase its recycled input and become a domestic producer of aluminum rolling ingot. Subscribers can learn more from a detailed project report.
Nonetheless, the state that accounts for the most investment in potential fourth-quarter kickoffs is among the most familiar to players in the sector: Michigan, where Norm Fasteners, a subsidiary of Norm Holding (Izmir, Turkey), is preparing to begin construction on a plant to manufacture cold-forged fasteners in Bath Township. The products are used in the construction, automotive and electronics sectors, among others. Subscribers can learn more from a detailed project report.
Michigan also is home to projects catering to newer corners of the power-generation and alternative-fuel markets. Plastic Omnium New Energies, a subsidiary of OPmobility (Levallois-Perret, France), aims to build a plant to manufacture storage systems for hydrogen fuel in Grand Blanc Township, northwest of Detroit. The company expects to produce up to 100,000 high-pressure vessels for zero-emission vehicles, which are made out of steel. Subscribers can learn more from a detailed project report.
"We are excited to launch the construction of our first hydrogen mega-plant in the United States, in Michigan, the heart of the automotive industry," said Laurent Favre, the chief executive officer of Plastic Omnium, in a press release earlier this year. "This investment follows Plastic Omnium's record $2 billion order from a major U.S. automaker earlier this year, which confirms our leadership as a key technology partner for U.S. sustainable mobility players."
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. metal rolling, processing, finishing and fabrication sector that are set to begin construction in the fourth quarter.
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 October through December.Among the top spenders in the coming quarter is Atlas Tube Incorporated, a subsidiary of Zekelman Industries Incorporated (Chicago, Illinois), which is the largest independent steel pipe and tube manufacturer in North America. A $120 million expansion of its tubing mill in Blytheville, Arkansas, will give Zekelman the capacity to manufacture inline steel tube galvanizing products in sizes not currently available in the U.S. or Canada. Blytheville is located in Mississippi County, which became the largest steel-producing county in the U.S. in 2023, following years of investment from industry titans such as United States Steel Corporation (NYSE:X) (U.S. Steel) (Pittsburgh, Pennsylvania), Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) and Zekelman.
On a smaller scale, the Atlas subsidiary also is preparing for $2.3 million in upgrades to its tubing mill in Birmingham, Alabama, which will help the company to meet rising demand from the solar-power market. The project complements Zekelman's $3.9 million development of a steel tube-finishing plant in Birmingham, where it will perform finishing processes on torque tubes produced at the Atlas site. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can read detailed reports on the Blytheville project and the tubing and finishing projects in Birmingham.
Alabama has become a popular destination for project developers in the downstream metals sector. A subsidiary of Constellium SE (NYSE:CSTM) (Paris, France) hopes to add up to 300 million pounds of annual casting capacity through an expansion to its aluminum alloy plant in Muscle Shoals. Last month, the U.S. Department of Defense selected the site for a $23 million investment under its Defense Production Act Investments (DPAI) Program, which will allow the site to increase its recycled input and become a domestic producer of aluminum rolling ingot. Subscribers can learn more from a detailed project report.
Nonetheless, the state that accounts for the most investment in potential fourth-quarter kickoffs is among the most familiar to players in the sector: Michigan, where Norm Fasteners, a subsidiary of Norm Holding (Izmir, Turkey), is preparing to begin construction on a plant to manufacture cold-forged fasteners in Bath Township. The products are used in the construction, automotive and electronics sectors, among others. Subscribers can learn more from a detailed project report.
Michigan also is home to projects catering to newer corners of the power-generation and alternative-fuel markets. Plastic Omnium New Energies, a subsidiary of OPmobility (Levallois-Perret, France), aims to build a plant to manufacture storage systems for hydrogen fuel in Grand Blanc Township, northwest of Detroit. The company expects to produce up to 100,000 high-pressure vessels for zero-emission vehicles, which are made out of steel. Subscribers can learn more from a detailed project report.
"We are excited to launch the construction of our first hydrogen mega-plant in the United States, in Michigan, the heart of the automotive industry," said Laurent Favre, the chief executive officer of Plastic Omnium, in a press release earlier this year. "This investment follows Plastic Omnium's record $2 billion order from a major U.S. automaker earlier this year, which confirms our leadership as a key technology partner for U.S. sustainable mobility players."
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. metal rolling, processing, finishing and fabrication sector that are set to begin construction in the fourth quarter.
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).
