INTOCAST to spend $15 Million to expand in Huntingdon Tennessee creating 100 new jobs.
Huntingdon, Tennessee — According to state and local development sources, INTOCAST plans to invest $15,000,000.00 to build out square feet of new space in Huntingdon. The company is creating 100 new jobs at this facility. The company plans to occupy the new space in Huntingdon, on or about June 1, 2025. According to the company website Founded in 1979, INTOCAST took over the business activities of Eugen Schwarz GmbH, who since 1922, had been supplying the German and European steel industry with consumables for iron and steelmaking. Through mergers and acquisitions, the INTOCAST Group has grown over the decades into an enterprise that is now active globally. INTOCAST has a strategically selected network of 12 German and 17 foreign sites, employing 1350 staff members worldwide, with a consolidated group turnover of approx. EUR 330 million per annum and is one of the few companies to manufacture and market shaped and unshaped refractory products, casting auxiliaries as well as metallurgical slag additives. As one of the industry leaders, INTOCAST is committed to developing and manufacturing high quality products, with the goal of ensuring the best possible cost-benefit ratio for our customers when using our products.
To learn more about INTOCAST, visit http://www.intocast.de/
Company Contact:
Matthias Normann, Chief Executive Officer
matthias.normann@intocast.de
https://www.linkedin.com/in/matthias-normann-26b738a4/
49 2102 45280
SOURCE: http://www.intelligence360.io
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