ISG Restarts Production at Georgetown
08/04/2004 - International Steel Group Inc.’s ISG Georgetown Inc. subsidiary has begun producing wire rod at its facility in Georgetown, S.C.
International Steel Group Inc.’s ISG Georgetown Inc. subsidiary has begun producing wire rod at its facility in Georgetown, S.C.
| ISG's Georgetown plant will produce high-quality wire rod products, which are used to make low-carbon fine wire drawing, wire rope, tire cord, high-carbon machinery, and upholstery springs. |
ISG acquired the facility in June 2004 from the Georgetown Steel Co. The plant has annual steelmaking capacity of one million tons and rolling capacity of 800,000 tons, along with the capacity to produce 500,000 tons annually of Direct Reduced Iron (DRI). The facility had been idle since Georgetown Steel filed for Chapter 11 bankruptcy in October 2003.
"We made a commitment to the employees and the community of Georgetown to resume operations at the facility, and thanks to the support and hard work of everyone involved, we have done so," said Rodney B. Mott, ISG's President and CEO.
International Steel Group Inc. is one of the largest steel producers in North America. It produces a variety of steel products including hot-rolled, cold-rolled and coated sheets, tin mill products, carbon and alloy plates, rail products and semi-finished shapes to serve the automotive, construction, pipe and tube, appliance, container and machinery markets.
