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POSCO to open wire rod processing center at the Port of Indiana-Jeffersonville

Steel News - Published on Fri, 22 Sep 2017

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Inside Indiana Business reported that South Korea-based POSCO will Friday celebrate the grand opening of its USD 19 million wire rod processing center at the Port of Indiana-Jeffersonville. The project was announced in April 2016 and the company said the 136,000 square-foot facility would create up to 60 high-wage jobs by 2018.

The facility is POSCO's second steel processing line and fourth production line in the US.

Shortly before ground was broken on the project, Ports of Indiana Chief Executive Officer Rich Cooper said the facility would not only be a good fit for the port, but its operations would create new business for other port companies.

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Posted By : Rabi Wangkhem on Fri, 22 Sep 2017
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