Steel Technologies to expand Woodstock, Ontario operations

LOUISVILLE, Ky. (January 12, 2015) – Steel Technologies LLC (Steel Technologies) today announced that it is expanding its Woodstock, Ontario Canada operation. As part of the expansion, the Company will add additional slitting equipment.

“We are dedicated to bringing more value to our customers and this expansion will allow our team to better serve our growing customer base in the Canadian market,” said Richard P. Furber, Executive Vice President of Operations of Steel Technologies. “The additional capacity complements our operation in Cambridge, Ontario.

Steel Technologies, headquartered in Louisville, Kentucky, is one of the leading steel processors in North America and leverages its broad geographic network of operations to deliver value-added products and services to customers. Steel Technologies processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for the automotive, appliance, lawn and garden, agriculture, construction, office furniture, hardware and consumer goods industries. Steel Technologies is owned as a 50-50 joint venture between Nucor Corporation, North America’s leading manufacturer of steel products, and Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., a diversified global investment and service enterprise based in Tokyo, Japan. More information about Steel Technologies can be found at www.steeltechnologies.com.