Steel service center Horizon Steel Company announced Wednesday their intent to expand their operations and locate a 90,000 square foot facility in Bowling Green, Kentucky. The project will bring a capital investment of $15 million and 30 new full-time positions to the region.
"We are very excited by the opportunity to locate to Bowling Green, which we feel is a perfect complement to our other locations," said John Chirikas, CEO of Horizon Steel. "We felt it was absolutely critical to position ourselves in a locale that will allow us to meet evolving manufacturing demands and Bowling Green, fits that description perfectly."
The facility will be a part of a co-located operation anticipated to span approximately 150,000 square feet in the Kentucky Transpark and will also serve as a production plant and U.S. Headquarters for the Bilstein Group.
The expansion comes on the heels of an agreement for Horizon to be the exclusive processing partner to German-based Bilstein who produces cold-rolled strip steel products and recently announced a $120 million project for the South Central Kentucky region.