Ozark Manufacturer Announces $26M Expansion
OZARK, Ark. (AP) — State officials say SGL Carbon will invest $26 million in the company's manufacturing plant in Ozark, where it will add a new workshop.
SGL Carbon now employs 90 workers at its plant, which makes graphite electrodes that are used in a process to recycle steel scrap.
The company says its new workshop should be in production by June 2015.
The company says the investment will reduce energy consumption by about 20 percent and create cleaner technology.
SGL Group North America President Scott Carlton says the investment underscores the company's commitment to its Ozark plant and the employees there.
SGL Group has 47 production sites in Europe, North America and Asia with more than 6,700 employees. The company's headquarters are in Germany.