TMS International Expands Operation in Taiwan
03/01/2012 - TMS International announced the expansion of its scrap yard operation in Taichung, Taiwan. The expansion will enable the company to meet increasing regional demand for steelmaking raw materials.
TMS International Corp. announced the expansion of its scrap yard operation in Taichung, Taiwan. The expansion, which commenced in early 2011, will help the company continue to expand its raw materials segment.
"With the increased demand it became clear that we would need to expand our yard operation. Our business continues to grow in the Taiwan region due to the quality and effectiveness of our team," said J. David Aronson, President and COO, Raw Material and Optimization Group.
The company's Taichung operation sources, imports, processes and distributes raw materials to Taiwanese steel mills. The facility’s relocated and enhanced scrap yard has almost double the production capacity will enable the company to meet increasing regional demand for steelmaking raw materials.
Strategically located near Taiwanese steel mills, the new yard also complements the company's network of existing procurement operations in China, Indonesia, Vietnam, Taiwan and Singapore.
"This expansion strengthens our role and relationships with our customers and ensures we will continue to provide necessary raw materials on a cost effective and on time delivery basis to them,” added Aronson. “This growth represents further evidence of our increasing global reach and presence."
TMS International Corp., through its subsidiaries, including Tube City IMS Corporation, is the largest provider of outsourced industrial services to steel mills in North America as measured by revenue and has a substantial and growing international presence. The company provides mill services at 82 customer sites in 11 countries and operates 29 brokerage offices from which it buys and sells raw materials across five continents.
