Steel Mills
Dubai Company to Build Steel Plant in Buffalo
Written by Sandy Williams
September 12, 2013
Dubai-based Alita USA Holdings will construct a $102 million steel plant in Buffalo, NY. The new plant will produce casing pipes used in the oil and gas industries and employ an estimated 172 workers.
Alita president and CEO Ali Hosseini said in an interview with The Buffalo News that the choice of location was between Houston and Buffalo.
“We could not have chosen a better place than Buffalo. In Houston, we would have been one of hundreds, but in Buffalo the attitude there has been so positive and amazing, it made me feel very comfortable,” he said.
Hosseini added Buffalo is close to needed raw materials and a skilled workforce. Building costs are estimated at 25 percent less than in Houston due to more than$10 million of state and local incentives in addition to low electricity costs and property tax breaks.
Construction plans include a 340,000 square foot pipe mill and a 16,000 square foot facility for offices, storage and laboratory. The plant is projected to begin start-up in mid-2015 with an annual capacity of 150,000 tons of high-grade alloy pipe.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
BREAKING NEWS: Trump approves Nippon-U.S. Steel deal
President Trump has approved the sale of U.S. Steel to Nippon Steel, according to an executive order signed on Friday, June 13. Both the Pittsburgh-based steelmaker and the Japanese steelmaker cheered the development.
Nippon exec responds after Trump ‘golden share’ comments: Report
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.
Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.
ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.
USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.