Processing Corp. has purchased a new Braner/Loopco slitting
line that will handle heavier-gauge products.
"The mills are keenly
interested in our ability to slit heavy coils, and the tube and
pipe industry is a big user of heavy-gauge material," Metal
Processing president and chief executive officer Dave Ackerman
"We currently perform
slitting of carbon steel and cut-to-length and leveling. We now
process from 0.01-inch up through 0.25-inch-thick material. Our
largest slitting line can handle coils up to 72 inches wide and
up to 65,000 pounds," he said.
The new slitter, which
will handle coils up to 84 inches wide and weighing up to
100,000 pounds, will slit plate up to 0.65-inch thick.
"We are expanding the
plant by an additional 50,000 square feet. The new slitter
should be operational by the end of December," Ackerman
The company, which
operates a 300,000-square-foot flat-rolled steel processing
center in Gary, Ind., that is served by two railroads and has
barge access, processed about 200,000 tons of steel last year,
Ackerman said. It serves producers, service centers and steel
users, providing processing, warehousing and distribution
within a 400-mile radius.