July 19, 2006 — SeverCorr has selected TabWare EF(x) from AssetPoint as their CMMS/EAM software.

The new SeverCorr mill — with a state-of-the-art meltshop, thin slab caster, hot mill, cold mill and a hot-dip galvanizing line — will serve a growing manufacturing infrastructure in the Southern United States. When complete in late 2007, SeverCorr's plant will cover more than a million square feet, and will eventually deliver up to 1.5 million tons of high grade steel products for manufacturing plants in the southern U.S. and northern Mexico.

SeverCorr, the first new steel mill in the United States in decades, intends to make history as the first in a new generation of steelmakers that blend new technology with a new way of doing business. AssetPoint says the TabWare EF(x) software will contribute to that blend of new technology to support SeverCorr in their groundbreaking efforts.

"AssetPoint has an excellent track record in the steel industry, and we selected TabWare EF(x) for its rich functionality, ease of use and its integration with the I.T. platform we are using at SeverCorr," said Alex Ingram, Information Solutions Manager for SeverCorr LLC.

SeverCorr LLC is building a next-generation steel mill in Northeast Mississippi, near the city of Columbus. With a state-of-the-art meltshop, thin slab caster, hot mill, cold mill and a hot-dip galvanizing line, SeverCorr will have a 1.5 million ton capacity facility. The facility is located in Lowndes County, Miss., with easy access to both rail and Interstate truck routes for fast delivery to more than twelve targeted states. The SeverCorr plant is expected to be completed and in production by late 2007.

Established in 2002 as a spin-off from a major engineering, construction and maintenance corporation, AssetPoint has a legacy of over 25 years in delivering integrated enterprise asset management (EAM) software and services that improve profitability and productivity for the manufacturing, process and facilities industries.