Horsehead Holding Corp. will open a zinc oxide distribution and
service center in 2014 to serve what it describes as "a growing
market in the southeastern region of the United States."
Zochem Inc. will operate the new site from one of
Horseheads existing facilities in South Carolina, North
Carolina and Tennessee.
The move will "augment
the companys existing U.S. warehousing and distribution
network, providing additional value to its long-standing
relationships with its strategic zinc oxide customers," the
Pittsburgh-based company said.
"Customers will have
the choice of shipping directly from Brampton, Ontario, or from
a warehouse in the southeastern U.S., which will provide
associated inventory management benefits," Horsehead president
and chief executive officer James M. Hensler said in a
statement. "This is something many customers have expressed
Horsehead doubled its
net earnings at Zochem in the second quarter and recently
commenced a $15-million expansion at Zochems Brampton
facility, where it expects to increase production to 72,000
tons annually by the end of 2013 (
amm.com, Aug. 5).