TMW To Build Toll Processing Center at Big River Steel
The new 110,000 sq ft facility will add 45 new jobs and have cut-to-length and slitting lines that can process light gauge to plate materials.
Posted: October 30, 2014
The Material Works, Ltd. (TMW; Red Bud, IL) has announced that it has committed to build an advanced flat rolled toll processing center adjacent to the new Big River Steel mill in Osceola, AK.
Construction will begin in second quarter 2015 with the facility expected to be fully operational to coincide with Big River Steel’s opening in 2016. The facility is expected to add approximately 45 new jobs in Northeast Arkansas that are in addition to the 500 permanent jobs being created by Big River Steel.
Phase One of the toll processing center calls for a 110,000 sq ft facility to house both cut-to-length and slitting lines capable of processing material from the lightest gauge the mill will produce up to 0.500 in. Eric Fritsche, the vice president of processing for TMW explained, “We will offer important value-added services to Big River Steel customers, including stretcher leveling, and our property will allow us to double our building as volumes increase.”
TMW president Kevin Voges added, “We are excited at the prospect of working with customers of Big River Steel as an on-site processor. Osceola offers a number of advantages for steel production and processing, and this new facility will match the high standards of the TMW employees at our Red Bud operation that have already won the confidence of customers in the region. We thank those employees and the grace of our Lord who blessed us with this opportunity.”
Mark Bula, the chief commercial officer for Big River Steel, commented, “The TMW team is sharp. They saw what we did in locating in Osceola – the advantages in location, transportation and workforce – liked what they saw and moved on it decisively. We look forward to welcoming TMW as our first new neighbor and processor.”
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