Feralloy Eyes October Launch of New Processing Facility
07/14/2020 - Steel processor Feralloy Corp. is setting up a facility at a Kentucky steel mill and plans to launch operations in October, according to announcement from Kentucky Gov. Andy Beshear.
In a statement, Beshear said Feralloy is leasing a 60,000-square-foot facility on Nucor Corp.’s Gallatin campus and will process coils produced there.
“I’d like to welcome Feralloy to Kentucky and thank its leaders for creating jobs in our state during an uncertain time. Their confidence in Kentucky’s business sector highlights our advantages for companies making long-term commitments to our communities,” Beshear said.
Beshear said Feralloy is setting up shop at the mill to better serve customers in the Ohio Valley and the eastern U.S. The facility will initially run one shift of 15 employees and add shifts soon after.
Feralloy is a subsidiary of Reliance Steel & Aluminum Co.