NEW YORK Kentucky
Electric Steel LLC (KES) will receive a $6-million investment
from parent company Optima Specialty Steel Inc. allowing it to
produce high-quality round bars in diameters up to 3.75
"This capital improvement
project will not only enable us to diversify the existing
high-quality flat bar offerings, it will also support enhanced
quality control of our existing steel bar products and further
increase the mills overall productivity," KES vice
president and general manager John Scheel, said in a statement
KES currently produces flat and
As part of the expansion, the
Ashland, Ky.-based company will integrate new mill
direct-current drives and advanced controls, guides and rolls
into the infrastructure at its facility.
KES will also incorporate a
ProScan profile measurement system and the appropriate
ancillary mill-handling equipment required to support the
expanded operations and product line.
Miami-based Optima Specialty Steel expects the expansion to
be complete by September.