25 September 2012

ThyssenKrupp Materials North America to invest $13mn and employ up to 45 people in Alabama

Montgomery, Alabama – 25 September 2012 - Alabama Governor Robert Bentley and Alabama Department of Commerce Secretary Greg Canfield welcomed the news today that ThyssenKrupp Materials North America, Inc. will be investing $13 million in Alabama and employing up to 45 people within the next five years at a new facility in Bibb County. 

ThyssenKrupp Materials North America, a leading provider of production materials and integrated service solutions for the North American market, and a sister company to ThyssenKrupp Steel USA, today announced it will build a new materials processing and distribution center in the Bibb County town of Woodstock, under the company’s Coil Processing Group. 

The materials processing and distribution center will include a 100,000 square foot craned building with four lines for processing materials such as carbon steel, aluminum and stainless steel. The end products will be distributed to various Ken-Mac Metals and ThyssenKrupp Steel Services customers, including manufacturers of automobiles, heavy trucks and truck trailers, home appliances and HVAC equipment. The plant can be expanded by 150,000 square feet, taking into account the potential for future infrastructure improvements. 

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 North America. 

“Many of our top customers, including Original Equipment Manufacturers, have plants and facilities in Alabama and the surrounding states and require just-in-time processing and delivery. Our goal is to further enhance their supply chains by building this new facility right here in Woodstock,” he added. 

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

Commerce Secretary Canfield said the announcement is a win for the state on more than one front because not only does the company supply the automotive sector, it represents the first international investment in Bibb County in a number of years. He thanked Department of Commerce Project Manager Hollie Pegg for her efforts on the project. 

Based in Southfield, Michigan, ThyssenKrupp Materials North America processes and distributes a full line of aluminum, stainless, copper, brass, specialty metals, steel, and plastics products used in the production of automobiles, commercial food equipment, HVAC equipment, consumer durable goods and other diverse applications. Construction of the new facility, which will employ 20 during the first year of operations and up to 45 within the next five years, is scheduled to begin this month. Hiring is scheduled to begin in early 2013. Jobs will include hourly and salaried positions across a range of functions, such as machine operations, material handling, logistics, sales and administration. 

ThyssenKrupp is a diversified technology and materials group based in Essen, Germany. It has 170,000 employees in over 80 countries developing ideas and innovations into solutions for sustainable progress. In fiscal year 2010/2011,ThyssenKrupp generated sales of $68 billion. 

ThyssenKrupp Materials North America, Inc. is a leading provider of production materials and integrated service solutions with over 2,800 employees and 95 locations in North America. ThyssenKrupp Materials North America is part of the Materials Services business area of ThyssenKrupp. In fiscal year 2010/2011, ThyssenKrupp companies in Canada, the United States and Mexico employed more than 24,000 and recorded sales of over $10 billion. 

Source: Alabama Department of Commerce