NEW YORK Phoenix Metals Co., a subsidiary of Reliance Steel & Aluminum Co., will construct a $4-million metal processing and warehousing facility in Fort Smith, Ark.
The Norcross, Ga.-based distributor will spend an addition $8 million on new equipment for the facility, which will cover 11 acres at a development complex at Chaffee Crossing in Arkansas.
"Phoenix Metals has been looking to add a service center somewhere along the I-40 corridor from Russellville to Tulsa to take care of our customers in that region," Don Gray, Phoenixs branch manager, said in a statement. "The Chaffee Crossing Development and the Fort Smith Regional Chamber of Commerce sold us on the Fort Smith area."
Phoenix estimates the new facility will create up to 40 jobs over the next three years.
Phoenix Metals distributes and processes aluminum, stainless steel, copper and carbon steel products, and can provide cut-to-length orders, precision blanking, slitting, polishing, plasma cutting, shearing and sawing.
Phoenix Metals has operations in Atlanta; Charlotte, N.C.; Tampa, Fla.; Nashville, Tenn.; St. Louis; Richmond, Va.; Birmingham, Ala.; Cincinnati; Philadelphia; Kansas City, Kansas; Baton Rouge, La.; Russellville, Ark.; and Gary, Ind.