Search Back Issues

Mill Steel has acquired a 90,000-square-foot facility in Mansfield, Ohio, to operate a new in-house processing location for stainless and aluminum flat-rolled products, as well as some carbon steel offerings. The expansion supports Mill Steel’s recent acquisition of Cleveland Metal Exchange, signaling the company’s entrance into the flat-rolled stainless steel and aluminum metal markets.

The new location is equipped with a 72-inch Pro Eco Slitting Line, a 60-inch Paxson Slitting Line, as well as a 50-foot-deep looping pit for surface-critical material processing. Additionally, Mill Steel plans to add cut-to-length processing capabilities. This will provide a greater opportunity to leverage competitive sourcing and delivery costs for its budding Midwest customer base, the company claimed.

The facility is strategically located for ease of access by rail and interstate. It neighbors Cleveland-Cliffs' Mansfield Works, providing an advantageous supply option for its growing stainless and aluminum segment.

Concurrently, Mill Steel is making an $18 million investment into its Detroit facility with the addition of a new slitting line, new pack line, two state-of-the-art cranes and 50,000 square feet of warehouse space. These changes are slated to be completed in 2024 and complement Mill Steel’s vast processing network to keep pace with its expanding book of business.

“The proximity to our customer base and geographic benefits made this an excellent opportunity. I look forward to the additional capacity this provides to support our double-digit growth,” said Mill Steel CEO, Pam Heglund.