Mill Steel Co., a leading supplier of flat-rolled steel and aluminum in North America, has announced the acquisition of a new 90,000-square-foot facility in Mansfield, Ohio. This significant expansion is in line with Mill Steel’s recent purchase of Cleveland Metal Exchange (CME) and marks the company’s strategic entry into the flat-rolled stainless steel and aluminum metal markets.
New Ohio Facility to Enhance Processing Capabilities
Equipped with a 72″ Pro Eco Slitting Line and a 60″ Paxson Slitting Line, the new Mansfield facility is primed for surface-critical material processing with a 50-foot-deep looping pit. Mill Steel also plans to introduce cut-to-length processing capabilities, offering a broader range of services and cost efficiencies for its growing Midwest customer base.
Strategic Location for Supply and Access
Strategically located for both rail and interstate access, the Mansfield facility neighbors Cleveland Cliffs Mansfield Works. This advantageous positioning provides Mill Steel with optimal sourcing options for its expanding stainless and aluminum metal segment.
$18 Million Investment in Detroit Facility for Future Growth
Concurrently, Mill Steel is investing $18 million in upgrades to its Detroit facility. The improvements include a new slitting line, a new pack line, two state-of-the-art cranes, and an additional 50,000 square feet of warehouse space. These changes are expected to be completed by 2024 and will complement Mill Steel’s comprehensive processing network, supporting its rapidly expanding business operations.
CEO Pam Heglund on Growth and Proximity Advantages
“The geographic benefits and proximity to our customer base make this an excellent opportunity for expansion,” said Mill Steel CEO, Pam Heglund. “I am excited about the additional capacity this investment provides to sustain our double-digit growth.”
With these significant investments in both Ohio and Detroit, Mill Steel Co. fortifies its leading position in the flat-rolled steel and aluminum markets, while providing more comprehensive services and competitive advantages to its growing customer base.
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