Specialty Steel Works Inc. (SSWI) announced a major capital investment at its Niagara LaSalle Corporation Cold Finish Steel Bar (CFSB) facility in Hammond, Ind. The multimillion dollar investment in new high-performance equipment and infrastructure will enhance and modernize the facility’s operating capabilities. The Hammond plant processes cold-finished steel bars in a wide range of sizes, shapes, grades, finishes and tolerances for a myriad of customer applications, predominately in the transportation, industrial equipment and agriculture markets. New equipment will be phased in over the next 12 months.
Joel Hawthorne, CEO of SSWI, said: “We continually look for innovative solutions to improve the efficiency and effectiveness of our manufacturing platform to achieve high quality, low-cost production and superior customer service.”
Michael Salamon, SSWI’s president and COO, said: “This investment demonstrates our commitment to leading-edge processing and production efficiencies in order to always be in the best position to respond to our customers’ changing needs.”