Steel Technologies LLC announced an 80,000-square-foot expansion to its new greenfield facility in Smyrna, Tennessee. Upon completion, the $36.6 million facility will total 163,000-square-feet for steel and aluminum slitting, conventional configured blanking and coil-fed laser blanking. In the first phase, Steel Technologies made an $18 million investment with a new 83,000-square-foot facility in Smyrna that broke ground in mid-summer 2016 and was completed in first quarter 2017.
The second expansion will house coil-fed laser blanking capabilities, coil-fed automation and high-speed laser cutting for surface-sensitive metal blanking. It is expected to be operational in the first quarter of 2018.
Steel Technologies, headquartered in Louisville, Kentucky, is owned as a 50-50 joint venture between Nucor Corporation and Mitsui & Co USA.