Calstrip Industries is building a $15 million processing facility at Nucor Steel Arkansas as part of the companys efforts to support traditional medium-and high-volume service center customers.
Construction of the Mississippi County, Arkansas based facility is slated to begin during the second quarter of 2018, with an initial size of
more than 100,000 square feet. Two planned expansions will push the facilitys size to more than 300,000 square feet, the company said on
Wednesday May 16.
Calstrips announcement follows a spate of expansion activity for Nucor in Arkansas. The steelmaker recently unveiled plans to build a
$240-million, 500,000-tons-per-year galvanizing line at its sheet mill near Blytheville, Arkansas to increase its share in the automotive market. This follows Nucors 2016 announcement to invest $230 million to build a new specialty cold mill at the same location.
Calstrips new facility will feature slitting and multiblank, cut-to-length lines and provide specified storage and processing requirements for
Nucor Steel Arkansas and its customer base, Calstrip said. Site selection and building design have been completed, Calstrip chief operating officer Ed Camden said. We are communicating with Nucor and our customers on appropriate equipment requirements.