O'Neal Steel Expanding Operations at HQ
By
Metal Center News Staff on
Aug 3, 2022
O’Neal Steel will invest $2.6 million in new manufacturing equipment to expand the capabilities of its Birmingham, Ala., headquarters. The investment includes the addition of a flat laser and press brake for the value-added processing of metal parts and will add six new jobs to the operation.
"This capital investment of $2.6 million allows us to strategically expand our first-step processing capabilities, which includes one press brake and one flat laser. These additional machines will further support our growth into new markets through our flagship plant in Birmingham," said Tate Forrester, president and CEO of O'Neal Steel. "We are honored to have the opportunity to continue reinvesting back into the Birmingham community – as we have for the last 101 years."
Founded in 1921 and headquartered in Birmingham, Alabama, O'Neal Steel is an O’Neal Industries affiliate that supplies a wide range of carbon and alloy steel, stainless steel, and aluminum products for companies nationwide. O’Neal Steel has 18 distribution centers throughout the country that offer inventory and value-added processing capabilities tailored to market needs, all while providing high levels of customer service.
The company worked closely with the Birmingham Business Alliance and attorneys at Bradley to receive abatements on non-educational sales and property taxes for the manufacturing machinery. The team worked collaboratively to support O’Neal Steel through the project expansion process.