A steel processing company has announced plans to construct a $4.8 million steel processing facility in Meade County bringing high-quality jobs to the area.
Eddie Kane Steel Products Inc.’s will serve as a critical hub for the company, which produces and distributes hot-rolled carbon steel plate. Operations at Eddie Kane Steel’s first Kentucky facility will include the distribution and processing of carbon and alloy steel plate. The facility is expected to employ about 25 workers.
Company leaders selected Kentucky for Eddie Kane Steel’s newest location because of the state’s growing manufacturing industry and the logistical and diverse transportation advantages Kentucky offers. Work on the new facility is slated to begin this year and finish before the end of 2022.
Founded in 2000 and headquartered in New Jersey, Eddie Kane Steel currently employs more than 150 people at seven facilities located across Alabama, California, New Jersey, North Carolina and Ohio.
Eddie Kane Steel will join the state’s 230-plus metals-related facilities that employ approximately 25,000 Kentuckians. In 2021 alone, Kentucky’s metals industry has spurred more than $880 million in planned investment and over 1,500 expected new jobs for Kentucky residents.
Source: WXBC
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