Jeffersonville welcomes $10 million steel processing plant to Ports of Indiana

LOUISVILLE, Ky. (WDRB) -- United Steel Supply announced plans to invest up to $10 million at Ports of Indiana-Jeffersonville to open a steel processing and painting facility.

The new facility could create up to 20 jobs.

The company, based in Austin, Texas, is one of the largest steel processors and distributors in the U.S., and a joint venture with Indiana-based Steel Dynamics Inc. (SDI) makes it the fourth-largest U.S. producer of carbon steel products.

"This is a great, fast-growing company that provides high-quality steel for use in the agriculture, commercial, industrial, and residential markets, and it’s a perfect fit for our port’s steel campus," Ports of Indiana CEO Jody Peacock said in a news release Tuedsay. "We’re excited to provide United Steel Supply with access to multiple transportation modes, synergies with existing port companies, and a strategic competitive advantage to support long-term growth."

The company purchased a 100,000-square-foot building at 5150 Maritime Road from the port and entered a 75-year land lease on 11.5 acres. The new facility will be located a quarter mile from SDI's Jeffersonville facility which will be a key supplier for the new operation.

Jeffersonville becomes United Steel Supply's fifth facility. It has other plants in Terre Haute, Indiana, Mississippi, Oregon and Texas.

"This is a great project for the City of Jeffersonville and our port," Jeffersonville Mayor Mike Moore said in a news release. "Our community is not only a great place to live, but it also offers tremendous economic and logistics benefits that will help United Steel Supply thrive. We’re excited to welcome such a great company to our city and look forward to supporting its long-term success."

United Steel Supply will begin renovating the building immediately, with initial operations scheduled to begin in later this year.