Alabama Lands German Super Steel Mill Once Considered for Osceola - KAIT Jonesboro, AR - Region 8 News, weather, sports

Troy, MI

Alabama Lands German Super Steel Mill Once Considered for Osceola

TROY, MICHIGAN - German steel manufacturer ThyssenKrupp announced this morning that it has selected Alabama as the home for its new state-of-the-art steel and stainless steel processing facility.  The facility will be located in northern Mobile and southern Washington counties.

The decision was approved this morning by ThyssenKrupp AG's Supervisory Board in Dusseldorf, Germany.

The company announced late last year that a site near Oseola was being considered as a possible site for the facility, but it was soon eliminated a few months later.

Initially planned as a $2.9 million investment, ThyssenKrupp also announced today that it will now invest $3.7 in the facility.  The new plant is scheduled to begin operations in 2010, and is expected to be one of the largest private industrial development projects in the U.S. over the next decade.  Approximately 29,000 jobs will be generated during the construction phase.  When it is fully operational, the plant will employ 2,700 people.

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