SSAB MOVES AHEAD WITH EXPANSION
[vc_row][vc_column][vc_column_text el_class=”min”]Business View – June/July 2021 / Business News
In late April, the Mobile Area Chamber announced the continued investment at SSAB Americas’ steel operations in Mobile County. The project at the Mobile-headquartered company is part of one originally launched in 2019 and postponed in 2020 due to COVID-19.
This phase of work, valued at $69 million, is directed at expanding the company’s manufacturing footprint by 54,000 square feet and adding new equipment to increase production capacity and efficiencies for quenched and tempered (Q&T) steels. The company expects to add 31 employees over the next three years to its current roster of more than 600.
“SSAB is committed to further investment in the Alabama mill and its future with a project of this size,” said Tom Toner, SSAB Americas vice president, operations. “COVID-19 and economic recession concerns put the project in jeopardy for more than a year. We are excited to get started on it.”
“SSAB is critical to establishing Mobile County as an industry hub for the steel industry. We are grateful for the company’s continuing investment and the more than 600 people they employ.” David Rodgers, vice president of economic development, Mobile Area Chamber
“For more than a decade, SSAB has been a leader in our manufacturing sector, providing high-paying jobs to residents throughout our region,” said Mobile County Commission President Merceria Ludgood. “Relocation of its headquarters to Mobile in 2018 signaled its commitment to being a long-term contributor to our economy. This new investment indicates its continued confidence in our area and is evidence that this sector is rebounding after a year of uncertainty caused by the pandemic.”
“This investment and expansion by SSAB demonstrates the company’s commitment to our area and underscores the strength of our workforce,” said City of Mobile Mayor Sandy Stimpson. “Mobile continues to shine as a place where companies like SSAB can locate and grow their business on a global stage. We are proud to be part of this important partnership and look forward to the continued success of SSAB.”
“SSAB is critical to establishing Mobile County as an industry hub for the steel industry. We are grateful for the company’s continuing investment and the more than 600 people they employ,” said David Rodgers, the Chamber’s vice president of economic development.
The steel mill was built in 2001, and SSAB began operations in 2007. It is one of Alabama’s largest steel scrap recyclers, consuming approximately 1.6 million tons of scrap metal annually.
Additional information is on the Mobile Area Chamber of Commerce’s website at mobilechamber.com, on Facebook at @MobileChamber, Instagram at @mobile-area-chamber and Twitter at @MobileChamber.[/vc_column_text][/vc_column][/vc_row]
About the Mobile Chamber
The Mobile Chamber is a private business organization with more than 1,700 members and the economic developer for the City of Mobile and Mobile County. The Mobile Chamber’s focus is to provide members with networking, marketing and professional development opportunities, expand jobs in the area, develop the local workforce, advocate legislative priorities and offer resources to help small businesses grow. Additional information is on the Chamber’s website, Facebook, Instagram, LinkedIn, Twitter and YouTube.