ThyssenKrupp Materials to invest $13M in Bibb Co. facility - WSFA.com: News Weather and Sports for Montgomery, AL.

ThyssenKrupp Materials to invest $13M in Bibb Co. facility

Posted: Updated:
WOODSTOCK, AL -

ThyssenKrupp Materials North America announced Tuesday that it will build a new $13 million materials processing and distribution center that will create 45 jobs in Bibb County.

The company, part of the steel giant ThyssenKrupp, provides production materials and solutions for the North American market.

The new facility will take up 100,000 square feet of land in Woodstock, Ala. in the new 565-acre Scott G. Davis Industrial Park. It will support the operations of its Ken-Mac Metals and ThyssenKrupp Steel Services.

The facility will process materials including carbon steel, aluminum and stainless steel for the division's customers. Those customers include manufacturers of automobiles, heavy truck and trailers, appliances and HVAC equipment.

"The decision to locate our Coil Processing Group's newest processing and distribution center in Alabama reflects the economic vitality and extensive opportunities that exist in the Southern United States," said Hans-Josef Hoss, president and CEO of ThyssenKrupp Materials NA. "Many of our top customers, including Original Equipment Manufacturers (OEMs), have plants and facilities in Alabama and the surrounding states and requires just-in-time processing and delivery. Our goal is to further enhance their supply chains by building this new facility right here in Woodstock."

Governor Robert Bentley said, "Alabama has become a destination state for the automotive assembly and automotive supplier sectors, and today's announcement helps us build on our success."

The facility came about due to the work of the Birmingham Business Alliance and its work with the Alabama Department of Commerce, Bibb County Commission, ADECA and a host of others.

"Alabama has a distinct advantage in attracting OEMs, suppliers and companies which are involved in automotive-related research activities," said Commerce Secretary Greg Canfield, pointing to state universities that can be used as resources.

The company will employ 20 people in the first year of operation and up to 45 over the next five years. Hiring is slated to being in early 2013.

INFORMATION SOURCE: Birmingham Business Alliance

Powered by WorldNow