Service Centers

Mill Steel Co. Opening New Facility in Indiana
Written by Sandy Williams
April 28, 2014
Mill Steel Co, a flat rolled steel service center company in Grand Rapids, Michigan, is investing $16.2 million in the purchase, opening and expansion of operations in Jeffersonville, Indiana, at the Port of Indiana-Jeffersonville.
The existing 105,000 square foot facility will be expanded to 225,000 square feet and will house two state-of-the-art slitting lines in addition to a cut-to-length line.
The new facility is expected to enhance established relationships with Port Service providers and companies such as Roll Forming Corp., Steel Dynamics, Voss Clark, Kinder Morgan, Omni Source and Metals USA.
“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, Michigan, Melvindale (Detroit), Michigan, and Birmingham, Alabama” 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.”
The facility is expected to be operational in June 2014. Mill Steel Co. plans to begin hiring for the estimated 43 new full-time positions immediately.

Sandy Williams
Read more from Sandy WilliamsLatest in Service Centers

Klöckner narrows Q1 loss, targets growth in North America and Europe
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.

Russel mulls buying US service centers despite Q1 profit dip
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.

Olympic Steel earnings slump in ‘challenging’ first quarter
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.

Olympic taps Scott for board, Rippey steps down
Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years.

Ryerson narrows loss in first quarter
Ryerson's net loss shrinks in first quarter.