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The Alabama State Port Authority and Alabama Steel Terminals LLC (AST) recently opened a $36 million steel coil handling facility at the Port of Mobile. The new rail-, truck- and barge-served facility is a joint venture between TriState Maritime Services Inc. and the Richardson Group.
The new facility provides 178,200 square feet of covered bay area equipped with three, 50-ton capacity overhead bridge cranes and 168,000 square feet of open storage yard, handling an estimated 700,000 tons of steel annually.
According to the Port Authority, this project created 50 jobs at an annual payroll of $2 million. At full build-out, AST will add 194,400 square feet of bay area equipped with three additional 50- ton capacity overhead bridge cranes, and hire an additional 50 workers.
“We are pleased to have delivered the most technologically advanced steelhandling facility in the nation to better complement the port’s existing portfolio of steel terminal facilities,” said Jimmy Lyons, executive director of the Port Authority.
According to Tom Adger, vice president for Alabama Steel Terminals LLC, the company’s goal was to “create a state-of-the-art steel coil handling facility emphasizing both innovation and customer service for steel manufacturers and shippers.”
The Port of Mobile is currently the second largest steel handling port in the nation, with just over 5 million tons handled in fiscal year 2014 through the Port Authority’s terminals.
Click here to read The Business View – June 2015