NEW YORK Horsehead Holding Corp.s new zinc processing plant in Forest City, N.C., is expected to begin production in the fourth quarter.
Industrial research firm Industrial Info Resources Inc. said in a report that construction of the $450-million smelter is on schedule. A Horsehead spokesman was not available for comment.
Horsehead, based in Monaca, Pa., which announced plans in February 2011 to build the smelter, will move production from Monaca to Forest City when it is completed (amm.com, Sept. 19, 2011). The Forest City plant will be able to produce special-high-grade zinc and continuous-galvanizing-grade zinc at a rate of 150,000 tons per year vs. 140,000 tons per year at its current facility.
The new plant will produce more zinc at a lower cost and broaden the companys market, Horsehead chief executive officer and president Jim Hensler has said.