Charter gets OK to add coil storage capacity

Jul 01, 2013 | 11:51 AM | Corinna Petry

Tags  Charter Steel, expansion project, wire rod, coil storage, off-site warehouse, Saukville facility, Marilyn Haroldson, Corinna Petry

CHICAGO — Charter Steel won zoning approval for a $15-million coil storage expansion at its Saukville, Wis., facility to better protect product surfaces and bring off-site warehousing back in house, eliminating extra coil handling and logistics costs.

Charter makes wire rod in 214 chemistries and 121 diameters from 3/16 to 19/16 inches. Rolled products are shipped directly to customers as "green rod coil" or drawn, pickled or annealed on site before shipping.

After analyzing its storage capacity, Charter determined an additional 7,074 tons of outside storage and 3,616 tons of inside storage are required to meet 2014 sales projections, according to the zoning application.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results