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SeverCorr Welcomes New Process Steel to Mississippi Site
(Columbus, Mississippi, July 19, 2007): SeverCorr – America’s newest steel-producing company – announced today that New Process Steel (NPS) will be the latest business partner to join the SeverCorr site near Columbus, Mississippi. Initial plans call for NPS to construct a 150,000 square foot facility that will employ approximately 50 employees when fully operational. The plant is expected to be complete in first-quarter 2008.
Michael Wagner, Chief Commercial Officer of SeverCorr, said, “New Process Steel is a natural partner for SeverCorr and we’re excited they are joining us in Mississippi. Their focus on using only the most technologically advanced systems – both in their processing and their sales and customer service functions – mirrors our own commitment to being the next generation of steelmaking.”
NPS is based in Houston, Texas and has service centers across the United States and Mexico. The center being built at the SeverCorr site will provide downstream processing for light gauge pickled, cold rolled and galvanized products, .130” and lighter. The facility will have slitting and blanking equipment with 72” wide capacity. For NPS, the ability to add these wide products to its product mix is one of the most appealing factors of locating on a portion of the 1,400 acre mega-site that SeverCorr has set aside for business partners.
Bob Proch, Chief Operating Officer of NPS, said, “An alliance with SeverCorr is an opportunity we just couldn’t pass up. We have had a long standing presence and commitment in the southern US and Mexico. It is notable, to say the least, that with SeverCorr there is now a top quality, 72” wide steel producer south of the Mason Dixon Line – being run by some of the best in our industry. We strongly believe the market will continue to grow in the South and Mexico and we look forward to working closely with SeverCorr to expand our collective business in a targeted and responsible fashion that will best serve our customers.”
About SeverCorr LLC: SeverCorr was formed in 2003 to design, engineer, build and operate a state-of-the-art steel facility to service growing manufacturing opportunities in the Southern United States. In October of 2005, SeverCorr broke ground on a next-generation steel mill near Columbus, Mississippi. When complete in the third-quarter of 2007, the plant will produce 1.5 million tons of high-quality steels a year for use in the automotive, building, agricultural, pipe & tube, and appliance industries. A unique feature of the company is its 1400-acre mega-site, which has been designed to accommodate production partners and related manufacturers onsite.
About New Process Steel: Since it’s inception in 1906 in Dallas, Texas, New Process Steel has become recognized as a world class leader in flat rolled steel distribution, processing, and manufacturing. Now headquartered in Houston, Texas, New Process Steel has strategically located facilities across the United States and Mexico and is one of the largest privately-owned service centers that focuses on surface critical and corrosion resistant flat-rolled steel. Throughout this growth, the vision of the organization has remained steadfast – to become a one-of-a-kind, world class company dedicated to its customers, suppliers, employees and community.
For further information please contact:
SeverCorr Marketing Department
Mark Bula
662-848-0992 Ext. 0299
mbula@mktgminds.com
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