Canada-based Nova Tube & Steel plans to add two tube mills in Delta, Ohio, according to local media. The mill will manufacture standard pipes and structural sections. Nova Steel will invest over $70mn in the new Ohio facility and construction will commence by June-July. The plant will be fully operational by 2021. The 250,000sq ft plant will be set up in northwest Ohio at a site purchased last year.
Nova Steel expects cost-advantage from the plant due to its proximity to steel coil industry. Other factors that are favourable are transportation advantages like direct rail access and the heavy load limits on highways between Ohio, Michigan and Canada. Also, the availability of “ready to build” land in Fulton County is a major feature, according to local media.
Nova Steel’s operations include slitting, leveling, pipe and tube production, manufacturing steel products comprising heavy fabricated attachments like front loaders and excavators. The company caters to various industries like automotive, mining, railways, construction, defence sector and transportation.