Steel America Inc. (Misa) has combined three of its metal
processing subsidiaries as part of its drive to streamline its
operations in the southern United States.
Misa Metal Processing Inc. (MMP)
merges Misa Metal Blanking Inc., Birmingham, Ala.; Misa Metal
Processing of Kentucky Inc., Louisville, Ky.; and Misa Metal
Processing of Tennessee Inc., Portland, Tenn.
The newly formed company is
headquartered at the Portland slitting operation. With
additional slitting capability at the Louisville plant and
blanking capability at the Birmingham facility, it will operate
four slitting lines and two blanking lines.
New York-based Misa has been
moving over the past several years to organize and streamline
its subsidiary operations, and the merger positions MMP to
support the future growth of automobile production and other
industries requiring high-quality metal processing in the
southern United States, Misa said.
Misa is a wholly owned subsidiary of Marubeni-Itochu Steel
Inc., which itself is a 50-50 joint venture of Japans
Marubeni Corp. and Itochu Corp., according to its
A version of this article was first
published by AMM sister publication Steel