MST to boost output, product offerings
Apr 22, 2013 | 10:56 AM
| Thorsten Schier
NEW YORK Michigan Seamless Tube LLC (MST) is getting a $25-million investment from parent company Optima Specialty Steel Inc. to expand its product offerings and increase production capacity at its South Lyon, Mich., facility by between 700 and 1,300 tons per month.
"These investments are to expand our product range to make product that we never made before and offer (customers) better tolerances and better tubing characteristics than we ever did before," Les Whitver, MSTs vice president of operations, told AMM.
The majority of the investment, $19 million, will go toward the purchase of a new cold Pilger mill and a building to house related tools and processing equipment. The remaining $6 million will be used to purchase a 377-foot atmosphere control furnace, the company said.....
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