Strong coal demand spurs equipment maker Magnum to grow

Nov 21, 2011 | 05:15 PM | Corinna Petry

Tags  Magnum Steel Works, coal mining equipment, Corinna Petry

CHICAGO — Magnum Steel Works Inc. will quadruple its size over the next four years and could add 150 jobs.

The coal mining equipment maker’s $9-million expansion plan will lift its Mount Vernon, Ill., site to 128,000 square feet from 33,000 square feet, allowing it to....

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