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Heidtman Steel Products To Expand Facility in Butler, Indiana

BUTLER, Ind. (December 20, 2007) — The Indiana Economic Development Corp. offered Heidtman Steel Products up to $400,000 in performance-based tax credits and up to $43,500 in training grants based upon the company’s announced expansion and job creation plans.

  [ 12/20/2007 ]  By: NEWS BRIEFS   Related Link...  Print This Article  Reprint/License This Article  

Heidtman Steel Products, Inc., one of the nation’s largest privately held steel processors and marketers, recently announced it will expand its steel processing operations in Butler, Ind., creating 18 new jobs.

The company, which specializes in processing and marketing flat-rolled carbon steel, will invest $13.5 million to build and equip a 120,000 square foot addition to its manufacturing operations, making room for a new multi-stamping, blanking and steel slitting operation.

Located adjacent to global steel giant Steel Dynamics, Heidtman Steel employs 203 people in Butler. The company, which operates two additional facilities in Indiana, will begin hiring machine operators and materials handlers in 2008 as part of its expansion in Butler.

"The demand for our steel products continues to grow," said Scott Carter, general manager of operations for Heidtman Steel. "This expansion allows us to upgrade our technology and meet the needs of the market."

Headquartered in Toledo, Ohio, Heidtman Steel processes nearly 5 million tons of steel annually through its Heidtman facilities or through joint ventures. The companies more than 1,200 customers include clients in industries ranging from the automotive and trailer markets to manufacturers of metal buildings and appliances.

The Indiana Economic Development Corp. offered Heidtman Steel Products up to $400,000 in performance-based tax credits and up to $43,500 in training grants based upon the company’s announced expansion and job creation plans. DeKalb County, through the DeKalb County Economic Development Partnership, will provide the company with property tax abatement.

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