Ozkan Steel USA Considering Building New Steel Plant in Louisiana
01/23/2013 - Ozkan Steel USA is looking at sites across south Louisiana to build a US$150 million plant that will make steel for the shipbuilding industry and employ up to 350 people once completed, the Advocate reports.
Ozkan Steel USA is looking at sites across south Louisiana to build a US$150 million plant that will make steel for the shipbuilding industry and employ up to 350 people once completed, the Advocate reports.
Fehmi Nuhoglu, the vice president for investments and strategic development for Ozkan, which is based in Houston and is the American company of Ozkan Demir Celik, of Turkey, said the company plans to select a site by June.
The facility would be built in three stages. The first phase, a facility to sort scrap metal, would open this summer, Nuhoglu said. Construction of the second phase, a melting plant, would start in June 2014. Work would start on the final phase, a rolling plant, in June 2015. Once the facility is fully operational, it will produce 300,000 tons of steel a year…
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