North American Stainless (NAS), a stainless steel producer in the United States, will proceed with a $244 million expansion to its Ghent, Kentucky facility in Carroll County. This expansion adds 70 new jobs to the plant.
For its 13th expansion since 1990, NAS will build a new cold rolling mill, roll grinders, an extensive upgrade of its annealing and pickling lines to support the new rolling mill, a new temper mill and the expansion of the Melt Shop Building to include a 400-metric ton crane. The new expansion will grow NAS’ 4.4 million-square-foot facility in Carroll County. NAS offers a full range of stainless flat and long products. All of NAS’ production lines are located onsite at its 1,600-acre headquarters.
Governor of Kentucky
"Our latest expansion will bring more clean, sustainable and American-made stainless to consumers and directly compete with the subsidized imports of stainless,” said Cristobal Fuentes, CEO at NAS. “Our parent company Acerinox was eager to further invest in Kentucky to demonstrate its commitment to our customers and the U.S. market.”
“I’m excited to announce more growth in Kentucky’s metals industry with this latest investment from North American Stainless,” said Andy Beshear, Governor of Kentucky.
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