NEW YORK Gerdau Long
Steel North America will build a 120,000-ton-per-year
rebar fabrication facility in Knox County, Tenn., a company
spokeswoman told AMM May 21.
The facility will source most of
its rebar from Gerdaus mill in Knoxville, Tenn., some 12
miles away, and will apply finishing services for original
The new fabricating capacity
will be constructed in a building that has previously served as
a steel facility.
"We were extremely fortunate to
have found a turnkey site in a former steel facility, which
means we can move quickly to meet our customers
expectations," vice president and general manager Brice Wager
said in a statement. "If we had not been successful in this
expansion, these new jobs would have been added in another
The Gerdau spokeswoman called
the expansion a "customer-driven opportunity," saying that the
new facility would sell to one or a few large customers rather
than the entire eastern Tennessee region, which she described
as "a stable market year-in, year-out."
The facility will be completely
retrofitted later this year and will cost the Tampa, Fla.-based
company several million dollars, although the spokeswoman
declined to specify the price.
Gerdau will hire about 40
employees to staff the new facility.