NEW YORK Olympic Steel Inc. plans to spend $11 million to expand its plate-processing operations in Chambersburg, Pa.
The company will use the funds to purchase new equipment and provide training for about 90 new employees over the next three years, according to a statement from Pennsylvania Gov. Tom Corbett.
Olympic was considering expansions at a number of its national locations and selected the Chambersburg site to better serve its East Coast customers, the statement said.
The Bedford Heights, Ohio-based service center will receive $400,500 from the states Department of Community and Economic Development for the expansion.
Olympics Chambersburg facilities include welding, painting, blasting oxyfuel and plasma-burning operations, as well as a machine shop, according to the companys website.