NEW YORK Outokumpu High Performance Stainless Bar Inc. will start the new $7-million heat-treating facility at its Richburg, S.C., site this fall, the company says, noting that this will mean "shorter and more reliable lead times" for its customers.
The expansion includes the purchase of two furnaces for high- and low-temperature work, while also adding specialty straightening, cutting and testing capabilities. Heat-treating for the Richburg facility has previously been handled by outside processors.
Construction on the heat-treat building is expected to commence in late spring with start-up anticipated in the fall, the company said. The project was announced last May (amm.com, May 30).
"Our customers should benefit from shorter and more reliable lead times and better quality as a result of the in-house heat-treating capabilities," said Lou Kern, Outokumpu senior vice president for bar in the Americas. "This investment will allow us to offer our customers a significant increase in capacity, long length capability, and the ability for specialized treatment."
Stainless bar products from Richburg are used in valves, fittings, flanges and other machine components found in chemical processing, oil exploration, food and beverage, pulp and paper, aerospace and other industrial applications.
The company is a subsidiary of Finnish stainless steel producer Outokumpu Oyj.