Feb. 6, 2013
Logistics Firm Buys Former Heidtman Plant
Heidtman Steel's shuttered facility in Maryland will retain its metals industry ties through the creation of a new transloading and logistics company. MoveTran LLC, Baltimore, will begin operations to provide transloading and logistical services for steel coil, aluminum, pipe, tube and other types of products in the Northeast and Mid-Atlantic regions.
MoveTran is acquiring the 206,700-square-foot warehouse, which Heidtman closed following the RG Steel bankruptcy and sale of the mill at Sparrows Point. The heated facility offers customers rail and truck access, as well as transport for transatlantic shipments via the Port of Baltimore.
"Our location is ideally suited to meet the transloading and warehousing needs of companies serving the massive East Coast steel market," says Damon Gunter, one of the founders and managing partners of MoveTran. "We have acquired a facility that offers the widest range of supply chain/logistics options including rail, truck and offshore shipping. This makes MoveTran a comprehensive facility for the movement and storage of steel coils, pipe and many other the types of products along the East Coast."
MoveTran is serviced by two Class 1 railroads, and is located within three miles of Interstate 95.
"There is a large number of steel producers either operating in or shipping to the Mid-Atlantic and Northeast corridors. Increasingly, they are looking for various modes of transportation, heated storage and 24/7 high-tech security systems, and in many cases the ability to ship just-in-time to their customers. MoveTran meets all of those objectives," says John Crane, the other founder and managing partner.