WOODSTOCK, AL--(Marketwired - March 19, 2014) - ThyssenKrupp Materials NA, Inc. (TKMNA) recently opened a 100,000 square-foot carbon, stainless and aluminum coil processing and distribution service center in Woodstock, Alabama. TKMNA invested more than $15 million in the facility, just outside of the Birmingham-metropolitan area, and currently employs 20 full-time positions. At full capacity, the facility will create nearly 45 full-time jobs.
The new facility processes and distributes carbon steel, stainless steel and aluminum coil for TKMNA's customers across the southern United States. ThyssenKrupp Steel Services and Ken-Mac Metals, both divisions of TKMNA, occupy the facility. Currently, two cut-to-length lines and one 72-inch wide slitter process material through the facility. Poised for future growth, TKMNA's investment includes a surrounding property which will allow the facility to expand up to 250,000 square feet.
"The America's region is the second-largest region in our international materials business and is a key area for investment and opportunity with the recent resurgence of manufacturing throughout the country," said Joachim Limberg, Chief Executive Officer, Business Area Material Services of ThyssenKrupp AG. "This new facility is key to our global strategy and establishes a great, customer-focused location in the heart of America's manufacturing region."
"We are very excited for our company to grow in Alabama. This is an ideal location to strengthen TKMNA's footprint because the region has shown impressive manufacturing growth in recent years," said Hans-Josef Hoss, President and Chief Executive Officer of ThyssenKrupp Materials, NA, Inc. "The Woodstock facility allows for a much closer relationship with customers throughout the south and greatly enhances our supply chain effectiveness."
"ThyssenKrupp companies have been in Alabama for more than 14 years. The opening of the Woodstock coil processing facility is a continuation of the great partnership between ThyssenKrupp and the State of Alabama," said Torsten Gessner, President and Chief Executive Officer of ThyssenKrupp North America, Inc.
To mark the opening of the facility and its commitment to Woodstock's community, TKMNA has donated two scholarships to the AlabamaGermany Partnership scholarship fund. Local students pursuing careers in manufacturing will be eligible to receive the scholarships.
"Our primary business focus is to provide the best service to our customers. A cornerstone of this philosophy is to develop strong relationships with our customers, suppliers, employees and the communities where we operate," said Terrence Mulholland, Vice President, ThyssenKrupp Steel Services. "Encouraging local students to pursue careers in manufacturing is an investment for our company, our community and our customers."
About ThyssenKrupp Materials NA, Inc.
ThyssenKrupp Materials NA, Inc., a company of the Material Services business area, is a leading North American provider of production materials and integrated service solutions. The company is staffed by over 2,900 employees and operates in more than 90 North American locations. For additional information about ThyssenKrupp Materials NA, visit www.tkmna.com.
ThyssenKrupp AG is a diversified technology and materials group based in Essen, Germany. It has 157,000 employees in over 80 countries working with passion and expertise to develop solutions for sustainable progress. In fiscal year 2012/2013 ThyssenKrupp generated global sales of EUR39 billion. In North America, ThyssenKrupp subsidiaries employed more than 20,000 people and generated sales of more than EUR8.3 billion. For additional information about ThyssenKrupp North America, Inc., visit www.thyssenkrupp.com.
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