Chicago-based Feralloy Corp. plans to locate a $17.5 million processing facility on Nucor Steel’s Gallatin campus in Kentucky. The company will lease a 60,000-square-foot facility and purchase steel coils directly from Nucor for further processing. The Gallatin site will service customers in the Ohio Valley and eastern U.S. and create 30 jobs.
According to the company website, the Gallatin division will include the following:
- A Butech Stretch Leveler coupled with a Synergy Hydraulic Roller Leveler
- Ability to process: Hot rolled, Pickled and Oiled, and Coated steel products
- Gauge range up to 1” – 50’ stretch bed – Coil width up to 76”
The Gallatin facility is expected to begin production in October.
“I’d like to welcome Feralloy to Kentucky and thank its leaders for creating jobs in our state during an uncertain time,” said Kentucky Gov. Andy Beshear. “Their confidence in Kentucky’s business sector highlights our advantages for companies making long-term commitments to our communities.”
Feralloy Corp., founded in 1954, operates 10 flat rolled steel processing centers in the U.S. and Mexico providing value-added processing of hot-rolled, pickled and coated sheet products. It also includes two independently managed fabrication companies under the subsidiary GH Metals Solutions.
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