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HEIDTMAN STEEL
MARKS 50 YEARS
SeverCorr Announces Heidtman Steel to
Build Facility Adjacent to Next-Generation Mill Site
(Columbus, Mississippi, September 27, 2006):
SeverCorr – America’s newest steel-producing company –
announced today that Heidtman Steel will be the latest
business partner to join the SeverCorr site near Columbus,
Mississippi. Heidtman will build a 240,000 square foot
processing facility that will employ 75 employees and begin
operations in mid-2007. “We’re excited to welcome Heidtman
to Columbus, both as a strategic partner for SeverCorr and
as an employer for Mississippi,” said Michael Wagner, Chief
Commercial Officer of SeverCorr. “Our vision of a robust
mega-site with multiple companies working closely together
to produce the finest steel and steel products available is
taking shape. The addition of Heidtman gets us one step
closer to making that vision a reality.”
Heidtman, based in Toledo, Ohio, is an industry leader in
steel sales and processing with direct and joint venture
production facilities totaling over two million square feet
and serving over 1,200 customers in a variety of industries.
Those industries include automotive, truck, trailer,
construction, racking, metal building manufacturers as well
as furniture, appliances and HVAC. The facility will have
rail access and house several value-added processing lines
including stretcher leveling, sheeting, laser cutting
technology and the revolutionary SCS© cleaning process. This
precision equipment will be capable of processing Hot Roll,
Cold Roll and Coated Products in the gauge range of 0.014”
through 0.500” by 72” wide with a variety of strengths. It
will be located on a portion of the 1,400 acre mega-site
that SeverCorr has set aside for business partners.
“Heidtman Steel is proud to be chosen as a business partner
by SeverCorr” according to John Bates, Chief Executive
Officer of Heidtman. “The opportunity to place a
state-of-the-art processing facility on the same campus with
a new world-class steel mill is exciting, and continues the
mill adjacent strategy that we have employed elsewhere. Our
corporate slogan is ‘Over 50 years on the cutting edge’ and
this certainly is cutting-edge technology. This plant will
further increase our exposure to Southern markets and link
the newest steelmaking technology with the growing demand
for high-end processed sheet products in that market.”
About SeverCorr LLC: SeverCorr was formed in 2003 to
design, engineer, build and operate a state-of-the-art steel
facility to service growing manufacturing opportunities in
the Southern United States. In October of 2005, SeverCorr
broke ground on a next-generation steel mill near Columbus,
Mississippi. When complete in mid-2007, the plant will
produce 1.5 million tons of high-quality steels a year for
use in the automotive, building, agricultural, pipe & tube,
and appliance industries. Future expansion includes a second
production line that will double capacity, as well as space
for production partners and manufacturers on the company’s
1400-acre mega-site.
About Heidtman: Headquartered in Toledo, Ohio, Heidtman
Steel is a world leader in marketing flat-rolled carbon
steel products sold through its sixteen state-of-the-art
processing facilities. Noted for their expertise in high
strength steels, Heidtman processes nearly five million tons
of steel annually through its Heidtman and joint venture
facilities. |
