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Oct. 3, 2012

Olympic Expanding Chambersburg Facility

Olympic Steel will expand its steel processing facility in Chambersburg, Pa., an $11 million capital investment that will create 90 new manufacturing jobs at the facility. Olympic considered expanding operations at other facilities, including two in Ohio, but ultimately selected its Chambersburg plant to better serve the company's East Coast customers.

The company received a $400,500 funding offer from the Department of Community and Economic Development, including an $180,000 PA First grant, $40,500 in job training assistance and $180,000 in Job Creation Tax Credits.

“We wish to thank the Commonwealth of Pennsylvania, Governor Corbett and the Franklin County Economic Development team for their assistance,” said Michael Siegal, chairman and CEO of Olympic Steel. “Together with the commonwealth, Olympic Steel is dedicated to advancing high-quality manufacturing jobs in America that support good wages and provides valuable benefits, improving the opportunities of citizens and employees.”


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Metal Distribution 2012  is your on-line guide to Metal Producers, Equipment Manufacturers and Software companies.
 



 
2012 Directory of Master Distributors
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The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.


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2013 Directory of Toll Processors
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Thursday, May 23, 2013