February 10, 2012

CD: New steel plant headed for Lowndes

JULY 1, 2009

NEAL WAGNER

About 65 jobs and a $25 million investment soon could be on its way to the Golden Triangle Industrial Park, members of the Lowndes County Board of Supervisors announced during a Tuesday meeting.

Texas-based New Process Steel, which has plants in Birmingham, Ala., Dallas and Mexico, this week signed a memorandum of understanding with Lowndes County outlining plans to locate a 100,000-square-foot flat rolled steel manufacturing plant next to the Severstal steel mill off Airport Road in western Lowndes County.

“We got a memorandum of understanding from New Process to proceed with the project,” GTPDD Project Analyst George Crawford told the board Tuesday morning.

“Hell yeah, I’m excited about it,” exclaimed Columbus-Lowndes Development Link Chief Executive Officer Joe Higgins. “Severstal is tickled to death, the supes are tickled to death and we are tickled to death.”

Once completed, the mill will purchase steel coils from Severstal, before cutting and processing the steel to meet customer specifications. After cutting the steel, New Process will ship the finished product to its customers, explained Higgins.

“You and I can’t do much with thin-gauge steel, but New Process will be able to cut it into bands and shape it to customer specifications,” Higgins said. “They will have kind of a partnership with Severstal, so it will benefit both companies.”

Read complete article at Commercial Dispatch.

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