Gerdau Ameristeel to Begin Phase One Expansion at Jacksonville
07/04/2008 - Gerdau Ameristeel announces initiation of the first two phases of the announced expansion of its Jacksonville, Fla., steel mill, which will ultimately expand the facility’s annual melting and rolling capacity to more than 1.0 million tons of rebar products.
Gerdau Ameristeel Corp. has approved the first two phases of the announced expansion of its Jacksonville, Fla., steel mill. With the total expansion project, the company is planning to expand the Jacksonville facility’s annual melting and rolling capacity to exceed 1.0 million tons of rebar products.
“This expansion is part of the total capital strategy Gerdau Ameristeel has developed for our core products such as rebar, structural, merchants and wire rod," said Terry Sutter, Chief Operating Officer, Gerdau Ameristeel. “We are leaders in these products and we are committed to becoming the 'Supplier of Choice' for our customers.”
“We have to earn our customers' business each and every day and that means leading with world-class quality, on-time delivery and capacity to meet their growth needs,” added Sutter.
The company said that engineering, equipment procurement and subsequent construction for phase one are to begin immediately.
Gerdau Ameristeel is the second-largest minimill steel producer in North America with annual manufacturing capacity of approximately 12 million tons of mill finished steel products. Through its vertically integrated network of 19 minimills (including one 50%-owned joint-venture minimill), 19 scrap recycling facilities and 65 downstream operations, Gerdau Ameristeel serves customers throughout United States and Canada. The company's products are generally sold to steel service centers, steel fabricators, or directly to original equipment manufactures for use in a variety of industries, including non-residential, infrastructure, commercial, industrial and residential construction, metal building, manufacturing, automotive, mining, cellular and electrical transmission and equipment manufacturing.
