North American Stainless to spend $244 Million to occupy 4,400,000 square feet of space in Ghent Kentucky.
Ghent, Kentucky — According to state and local development sources, North American Stainless plans to invest $244,000,000.00 to build out 4,400,000 square feet of new space in Ghent. The company plans to occupy the new space in Ghent, on or about March 1, 2025. According to the company website Founded in 1990, North American Stainless (NAS) has undertaken several phases of expansion to become the largest, fully integrated stainless steel producer in the U.S. Although we have achieved much in a short period of time, we remain focused on being the leading provider of high-quality stainless steel in the Western Hemisphere. Our location in Carroll County, Kentucky, enabled us to build a state-of-the-art production facility on 1400 acres near a major interstate highway and with direct access to the Ohio River. As a greenfield project, we had the opportunity to plan the plant layout for maximum efficiency and offer the full range of stainless flat and long products with competitive delivery times. With all of NASs production lines on site, we avoid the inherent delays that are common in mills with geographically dispersed production sites. A member of the Acerinox Group, recognized as one of the worlds largest stainless steel producer, NAS benefits from global resources and a presence in the major international markets to service customers outside the U.S. Our most valuable asset, however, is our people. NAS employees have been trained at our headquarters as well as overseas.
To learn more about North American Stainless, visit http://www.northamericanstainless.com/
Company Contact:
Cristobal Fuentes, Chief Executive Officer
800-499-7833
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