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SSAB Opens New R&D Facility in Iowa
10/13/2010 - SSAB has opened its new Research and Development Facility located adjacent to the SSAB steel mill in Montpelier, Iowa. The 25,000-sq. ft. facility houses cutting-edge testing, simulation, and metallographic equipment, with a staff of 13 research engineers and technicians.
SSAB has opened its new Research and Development Facility located adjacent to the SSAB steel mill in Montpelier, Iowa.
The 25,000-sq. ft. facility—an $11 million investment—houses cutting-edge testing, simulation, and metallographic equipment, with a staff of 13 SSAB research engineers and technicians.
“The new facility will improve our ability to service our customers further. As we respond to our customers’ increasing demands to address new technical challenges and product development, we solidify our position as a world leader in the supply of advanced high-strength steels,” said Olof Faxander, President and CEO SSAB.
“The expansion of SSAB and the opening of this facility are testimony to the potential for growth for our steels,” said SSAB Americas’ President David Britten. “We appreciate the support of our community stakeholders, the Iowa Department of Economic Development and the Muscatine County Board of Supervisors.”
SSAB, a global leader in value-added, high-strength steel, offers products developed in close cooperation with its customers. The company employs 8700 people in more than 45 countries around the world and operates production facilities in Sweden and the U.S. It is listed on the NASDAQ OMX Nordic Exchange, Stockholm.
