Will create 36 new jobs
FRANKFORT, Ky. (March 26, 2015) — North American Stainless (NAS) plans to invest $150 million to expand its manufacturing facility in Ghent.
The expansion, which is the company’s 11th since it began operations in Kentucky in 1990, will include the addition of 36 new jobs.
NAS plans to add a bright annealing line and a cold rolling mill. The bright annealing line will process material from the rolling mill after degreasing the surface of the strip and heat treating it in a controlled atmosphere, giving the material a bright finish. The line includes skin pass and tension leveling to provide additional surface quality and flatness before completing with side trimming to customer specifications.
Common applications from this type of steel include appliances, auto trim, cookware, truck trailers and mass transit vehicles, heaters and surgical instruments. The expansion is expected to be completed by 2017.