ThyssenKrupp Materials North America, a provider of production materials and integrated service solutions and sister company to ThyssenKrupp Steel USA, announced Tuesday that it would build a new materials processing and distribution center in the Bibb County town of Woodstock in Alabama under the company's Coil Processing Group. In a press release, Alabama Governor Robert Bentley and Alabama Department of Commerce Secretary Greg Canfield welcomed the news that ThyssenKrupp Materials North America, Inc. will be investing $13 million in Alabama and employing up to 45 people within the next five years.
The materials processing and distribution center will include a 100,000 square foot craned building with four lines for processing materials such as carbon steel, aluminum and stainless steel. The end products will be distributed to various Ken-Mac Metals and ThyssenKrupp Steel Services customers, including manufacturers of automobiles, heavy trucks and truck trailers, home appliances and HVAC equipment. The plant can be expanded by 150,000 square feet, taking into account the potential for future infrastructure improvements.
"The decision to locate our Coil Processing Group's newest processing and distribution center in Alabama reflects the economic vitality and extensive opportunities that exist in the southern United States," said Hans-Josef Hoss, President and CEO of ThyssenKrupp Materials North America.