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New Machinery Ready At Steelmaker Gerdau's Plant

Wed, 10/24/2012 - 2:21pm
The Associated Press

MONROE, Mich. (AP) — Steelmaker Gerdau is unveiling new machinery at a Michigan steel facility as part of the company's ongoing expansion.

The company on Wednesday is marking the completion of construction of a continuous caster at its North American special steel facility in Monroe, about 35 miles southwest of Detroit.

Gerdau says the work is part of a previously announced a $134 million investment in the facility aimed in part at meeting growing demand for steel.

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