North American Stainless announces $244 million expansion in Kentucky

North American Stainless, a fully integrated stainless steel producer, has announced a $244 million expansion to its Ghent, Ky., facility. The expansion will boost the company's total capacity by 200,000 tons annually—a 20% increase—and add 70 workers to the current staff of 1,600 employees and 500 on-site service providers.

The project includes a new cold rolling mill, roll grinders, an upgrade of the annealing and pickling lines to support the new rolling mill, a new temper mill, and the expansion of the Melt Shop Building to include a 400-metric-ton crane.