SGL Carbon Invests $26 Million in New Furnace Process
This investment will yield cleaner technology, reduce energy consumption by approximately 20 percent and have a considerable impact on the competitive position of the company.
Posted: June 20, 2013
This investment will yield cleaner technology, reduce energy consumption by approximately 20 percent and have a considerable impact on the competitive position of the company.
SGL Group–The Carbon Company (Ozark, AR) recognized a significant investment in its facility that builds new state-of-the-art graphite electrodes used for producing steel in electric arc furnaces.
http://www.youtube.com/watch?v=IeST0vfDuhw
The investment volume is approximately $26 million. Many guests, including the executive director of the Arkansas Economic Development Commission, Grant Tennille, were in attendance to celebrate this milestone event.
Tennille said, “Arkansas’s reputation as a manufacturing hub will continue to grow as companies like SGL Carbon invest in new, advanced manufacturing technology. We appreciate the hard work of the company’s existing workforce that made today possible and thank SGL for choosing to make this significant investment in its Arkansas facility.”
This investment will yield cleaner technology, reduce energy consumption by approximately 20% and have a considerable impact on the competitive position of the company. This capex will also ensure that the Ozark facility continues to be an exceptional corporate citizen in the region while offering the best, most secure jobs in the area.
As last year’s winner of Arkansas Environmental Federation Diamond Award, the Ozark facility has proven that it exhibits action and resourceful management in environmental affairs. In 2012, the facility also celebrated a milestone in safe production – achieving 10 years without a Lost Time Accident (LTA).
Scott Carlton, the president of SGL Group North America, said, “Ozark has placed great importance on Environmental, Health and Safety (ESHA) and makes this focus an integral part of its corporate culture. The employees of Ozark are the foundation of our success. This significant investment further underlines the company’s commitment to innovative approaches to decrease energy consumption through advanced technology.”
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