Feralloy to Operate Kentucky Facility
By Metal Center News Staff
on Jul 17, 2020
Reliance subsidiary Feralloy will operate a steel processing facility on Nucor Steel’s Gallatin, Ky., campus. The facility will level and cut steel for customers in the Ohio Valley.
“I’d like to welcome Feralloy to Kentucky and thank its leaders for creating jobs in our state during an uncertain time. Their confidence in Kentucky’s business sector highlights our advantages for companies making long-term commitments to our communities,” Gov. Andy Beshear said. “For the primary metals industry, Kentucky provides a key location nationally, low electricity rates, shipping options including rail, river and highway and an experienced workforce. These, and the momentum of our current industry partners like Nucor and Feralloy, will propel growth well into the future.”
By leasing a 60,000-square-foot facility at Nucor’s steel mill in Gallatin, Feralloy will receive steel coils directly from the mill, then cut and level them into high-quality sheets per customer spec, the company claims. The new facility will enable Feralloy to better serve customers in the Ohio Valley and Eastern U.S. Operations are scheduled to begin in October.
Chicago-based Feralloy operates 13 facilities in the U.S. and Mexico, specializing in flat-rolled processing.