With a small gathering of internal leadership, AM/NS Calvert commemorated the groundbreaking of their new $775 million steelmaking facility. The significant investment in the facility located in Calvert, Alabama was announced in December 2020 by ArcelorMittal and Nippon Steel Corporation, the joint venture partners for AM/NS Calvert. The company has officially broken ground at the expansion site.
“Alabama and the steel industry go hand in hand, and I am proud to see continued growth through AM/NS Calvert’s $775 million expansion,” Governor Ivey said.
“Shovels have officially hit the dirt, and I look forward to the advancements this project will bring. Alabama continues to prove to be the place for business and industry.”
Once completed, the planned facility will be capable of producing 1.5Mt of steel slabs for the hot strip mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 200 direct and 100 indirect jobs in the community.
Published in the May 2021 Edition
