Mill Steel Co., a flat rolled steel service center headquartered in Grand Rapids, Mich., announced the purchase, opening and expansion of its operations at the Port of Indiana-Jeffersonville located on the Ohio River. Mill Steel purchased an existing 105,000 square foot facility, and will begin an immediate expansion to add 120,000 square feet. This 225,000 square foot investment will house two state-of-the-art slitting lines in addition to a cut-to-length line, which will add to the company’s service capabilities. The facility will be operational starting in June 2014, and is projected to bring a capital investment to Jeffersonville of $16.1 million and an estimated 43 new full-time positions to the region.
“Mill Steel and other companies gain an advantage by locating at one of Indiana’s three ports,” said Victor Smith, Indiana Secretary of Commerce. “The Ports of Indiana helps businesses boost their logistics skills through direct rail-to-barge capabilities, strategically located at the crossroads of America. Companies can transport goods to their clients more efficiently here, making Indiana a state that works.”
The Port of Indiana-Jeffersonville will provide Mill Steel with direct connections to multiple rail carriers and year-round barge shipping with access to the Gulf of Mexico and Great Lakes through the Ohio-Mississippi river system. The Jeffersonville port is the newest of three facilities operated by the Ports of Indiana and it is home to a ‘Steel Campus’ alliance of 13 businesses that work together providing a range of metals-related synergies at the Ohio River facility.
“Mill Steel’s advanced manufacturing capabilities are a perfect fit for our multimodal port environment,” said Ports of Indiana CEO Rich Cooper. “This company has an extremely impressive leadership team that is keenly aware of the competitive advantages created by our multimodal connectivity and existing synergies between the world-class steel processors located at the port. We welcome Mill Steel to our port family and look forward to helping the company expand its business in southern Indiana.”
Mill Steel Co. is expected to further develop established relationships with other port service providers and companies such as Roll Forming Corp., Steel Dynamics, Voss Clark, Kinder Morgan, Omni Source and Metals USA to name a few.
“We are very excited by the opportunity to locate in Jeffersonville, which we feel is an outstanding complement to our existing steel service center processing locations of Grand Rapids, Mich., Melvindale (Detroit), Mich., and Birmingham, Ala.,” said David Samrick, CEO of Mill Steel Co. “We felt it was absolutely critical to position ourselves at a location that will enable us to continue our delivery of outstanding just-in-time services to our growing automotive, construction, appliance and general manufacturing customer base.”