AM/NS Calvert adding $500M steel furnace, 300 jobs

ArcelorMittal, a Luxembourg-based steel manufacturer which purchased half of the AM/NS Calvert processing plant in North Mobile County in 2014, announced its intention to build an Electric Arc Furnace (EAF) steel making facility on the premises today, a $500 million expansion expected to create 300 jobs. According to a news release from the Mobile Area Chamber of Commerce, the project will employ as many 500 construction workers and take 24 months to complete.

ArcelorMittal reports, once completed, “the planned facility will be capable of producing 1.5 metric tons of steel slabs for the existing hot strip mill and producing a broad spectrum of steel grades required for Calvert’s end user markets.” The company claims AM/NS Calvert, which was originally opened by Thyssenkrupp in 2010 as a $4 billion investment, “is the world’s most advanced steel finishing facility and further demonstrates the highly successful partnership between ArcelorMittal and Nippon Steel Corporation.”