Gerdau allocates $18M for downstream bar
Mar 15, 2012 | 04:03 PM
| Corinna Petry
CHICAGO Gerdau Special Steel North America has committed to spending $18 million on its downstream bar-processing capacity and to adding certain capabilities.
This latest capital investment, on top of $9 million in improvements already under way, will fund a new production line for the quench and tempering process and a complete bar-processing line at the steelmakers Huntington, Ind., plant, president Jack Finlayson said in a statement.....
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