SUGAR LAND, TX — (Marketwire) — 08/25/11 — Researched by Industrial Info Resources (Sugar Land, Texas) — First it was Alabama. In 2006, (OTC:TYEKF) (Duesseldorf, Germany) announced a $3.7 billion investment in Calvert, Alabama, picking it over sites in other states. Five years later, ThyssenKrupp-s investment has expanded to $5 billion and production is under way at the carbon steel mill, while construction continues on other sections of the complex, including the melt shop and stainless mill.
Now, both Texas and Louisiana have followed suit with mega-steel mill project developments. (NYSE:NUE) (Charlotte, North Carolina) and Chinese import TPCO Enterprise Incorporated (Houston, Texas) have begun site preparation work this year on grassroot steel mills in Texas and Louisiana.
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