NEW YORK Tube City IMS
LLC is setting up a $23-million facility on the site of
ThyssenKrupp Stainless USA Inc.s Calvert, Ala., plant in
order to support the melt shop start-up in December.
The facility will sort, prepare
and process scrap, according to Claudia Zimmerman, director of
economic development for the Mobile Area Chamber of
A spokeswoman for ThyssenKrupp
Stainless confirmed the details of Tube Citys plans
outlined by Zimmerman, adding that the development is "great
news for job creation for our local area." She also said that
supplier relationships in the area were developing "as we
The facility will employ up to
68 people in its first three years of operation and is expected
to expand, Zimmerman said. In return, Tube City will receive
about $1.6 million in sales and property tax abatements for the
facility over a 10-year period from the Mobile County
Industrial Development Authority.
Tube City declined to
The Glassport, Pa.-based company
provides scrap purchasing, optimization and inventory
management services, according to its website.
Executives from Tube Citys
parent company, Pittsburgh-based scrap broker and mill services
provider TMS International Corp., said during its recent
first-quarter earnings call that the company had added two
contracts to provide mill services worth $179 million
(AMM, May 8).
One of the contracts was for
stainless-steel slag services at a mill in Alabama, company
ThyssenKrupp Stainless melt shop will be able to
produce between 900,000 and 1 million tonnes of stainless slabs
per year (AMM, Dec. 14, 2010).
Editor's note: This story originally listed ThyssenKrupp
Stainless' volume in tons rather than tonnes.