Steel Warehouse to Expand into Jefferson County

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Steel Warehouse officials announced the company’s plans to expand in Jefferson City, locating in and retrofitting the former Footwear Industries of Tennessee building.

The project plans to create more than 70 new jobs with an investment of nearly $20 million in innovative equipment, which will support their strategic partners in the construction equipment, agriculture, lawn and garden, and truck and trailer industries, in addition to helping attract additional investment in the area.

Steel Warehouse, a leading steel service center, has been operating since 1947, when founder Nathan Lerman opened production in South Bend, Indiana. Since its founding, the company has expanded to 15 locations across the United States, Mexico and Brazil. Distributing over two million tons of coil, sheet and plate annually in hot- and cold-rolled materials, Steel Warehouse caters to a diverse range of industries including aerospace, agriculture, automotive, construction, energy and transportation.

Steel Warehouse invests in its employees, offering focused job training, up-skilling and opportunities for advancement. This expansion will give Steel Warehouse its third location in the Volunteer State, in addition to its existing operations in Chattanooga and Memphis.

Source: State of TN ECD, by Chris O’Brien

The East Tennessee Economic Development Agency markets and recruits business for the 15 counties in the greater Knoxville-Oak Ridge region of East Tennessee. Visit www.eteda.org

 

 

 

Published July 10, 2024