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TK Stainless changes name after Outokumpu merger

Keywords: Tags  Outokumpu Stainless USA, ThyssenKrupp Stainless USA, Calvert, Inoxum Group, name change, melt shop, Thorsten Schier


NEW YORK — ThyssenKrupp Stainless USA LLC has changed its name to Outokumpu Stainless USA LLC following the completion of the merger between stainless steel producer Outokumpu Oyj and ThyssenKrupp Stainless’s parent company, Inoxum Group.

The Calvert, Ala.-based company started up its melt shop just prior to the Dec. 28 merger (amm.com, Dec. 10).

"We have started the ramp-up of (the) new integrated production facility in Calvert ... and will continue that in 2013 in order for the facility to be in full production in 2014," Outokumpu said on its website. "Calvert will be one of the lowest-cost stainless steel production facilities in North America, and it will be the only U.S. producer to be able to provide 72-inch-wide steel."

Espoo, Finland-based Outokumpu also has taken over a cold-rolling mill in San Luis Potosí, Mexico, a service center in Buenos Aires, Argentina, and sales offices in Brazil, Mexico and the United States, all of which were formerly part of Inoxum.

In addition to the former Inoxum facilities, Outokumpu’s other North American production facilities include a stainless pipe mill in Wildwood, Fla., a stainless bar mill in Richburg, S.C., and a stainless plate mill in New Castle, Ind., part of the company’s high-performance and special alloys segment.

The company’s stainless coil Americas business has about 2,000 employees, according to Outokumpu’s website.


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