TimkenSteel announced the decision to locate an advanced quench-and-temper facility in northeast Ohio to produce more value-added steel for demanding applications.
“Our investment in additional value-added operations feeds growing sales of our most sophisticated product lines, which meet the needs of demanding applications in energy and other markets, said Shawn J. Seanor, executive vice president of Energy and Distribution. “Our decision to locate the new operation near our Canton facilities offers us operational benefits and comes after strong state and local support.”
The USD 40 million facility, which will be fully operational within two years, will perform heat-treat operations and have capacity for 50,000 process-tons annually of 4 to 13 bars and tubes. It will be located in Perry Township on the site of TimkenSteel’s Gambrinus Steel Plant near three existing thermal treatment facilities. Perry Township, Stark County and JobsOhio were instrumental in providing support for the project.