Steel Dynamics, Inc. STLD and LaFarga Group, headquartered in Barcelona, Spain, today jointly announced the creation of a new partnership which will operate under the SDI LaFarga, LLC name. Plans include the construction of a $39 million facility which will produce copper wire rod from recycled copper. Investigations of potential sites in Allen County, Indiana are currently underway.
This new venture is expected to result in the creation of 35 new full-time management, administrative and production positions by 2013.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in