Following a three-year construction period, the new steelmaking and processing plant of ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA in the southeastern USA was officially opened on December 10, 2010.
“With the startup of the plant in Alabama and the launch of the steel mill in Brazil in the summer, ThyssenKrupp is entering a new dimension of its history,” said Dr. Ekkehard Schulz, Chief Executive Officer of ThyssenKrupp AG, at the opening ceremony in Calvert. “These two projects are the cornerstones of our transatlantic growth strategy: We plan to achieve profitable growth in international markets of the future. That’s why the investments in our plants in the USA and Brazil are true investments in the future,” he continued at the event, which was attended by 3,000 employees, customers and guests from government and industry.
The construction of the steelmaking and processing plant in Alabama is one of the biggest ever foreign investments in the USA. ThyssenKrupp has invested five billion US dollars in the overall complex, 3.6 billion for the carbon flat steel facilities and 1.4 billion for the stainless area.
Press conference - Plant inauguration in Calvert, Alabama, USA on December 10, 2010
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