British Steel Unveils Its Single-Largest Investment in More Than 30 Years
08/26/2021 - Yesterday the steelmaker announced a £100 million investment by Jingye Group, which includes a £26 million project for new downstream processing facilities at its Skinningrove site.
The new service center will enable the company to extend its range of value-added profiles, British Steel said in a press release.
“This is an exciting project that will establish us as a leading manufacturer on the world stage,” said David Waine, British Steel’s commercial director for special profiles. “Our high-quality profiles are supplied globally to make components for a wide range of market sectors, such as the forklift and earthmoving industries, and many of these applications are extremely demanding.”
The new facilities at Skinningrove will replace the services currently offered at British Steel’s Darlington site.
David Hogg, special profiles plant manager, said: “Moving our operations from Darlington to Skinningrove and expanding our processing capabilities brings logistical, cost and environmental benefits as we’ll no longer be transporting material between these two locations.”
The investment builds on previous projects at the Skinningrove facility, which include a £2 million surface descaling system, a product processing center and robotic identification tracking for profiles.
Commissioning is expected to begin in August 2023.