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Olympic Steel
Olympic Steel to Add Service Center in Kentucky
Aug. 27, 2010 Olympic Steel, Inc. has purchased a 100,000 square foot service center facility in Mount Sterling, Ky. The company will use the facility to perform plate burning, machining, forming, and shot blasting.
"We are pleased to announce the addition of a new facility in Mount Sterling, Kentucky," stated Michael D. Siegal, Chairman and CEO. "This additional facility will allow us to better serve the growing demand for our products and services from customers in the area and reinforces our strategy of being closer to where our customers assemble their products.
“We are extremely thankful to the Commonwealth of Kentucky for its efforts in supporting our investment and welcoming Olympic Steel to the state,” added Siegal. “We are also proud to bring manufacturing job growth into Kentucky," concluded Mr. Siegal.
The new facility is expected to be operational during the first quarter of 2011.
Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated, aluminum and stainless flat-rolled sheet, coil and plate steel products. Headquartered in Cleveland, Ohio, the company operates 16 facilities.