ArcelorMittal invests $1.2B to build electrical steel manufacturing facility in Alabama
ArcelorMittal has announced plans to build an advanced manufacturing facility in Mobile County, Alabama. The company, which produces steel, will invest $1.2 billion into the project, creating 200 new jobs in the process. The new facility will produce up to 150,000 metric tons of non-grain-oriented electrical steel (NOES) annually, that will be used in EV motors and other applications. The new production facility will feature an annealing pickling line, cold-rolling mill, annealing coating line, packaging and slitter line and additional ancillary equipment needed for specialized electrical steel manufacturing operations. The plant will be located near ArcelorMittal and Nippon Steel’s existing joint venture in Alabama, the AM/NS Calvert steel mill in Mobile County. Work on the new facility will begin in the second half of 2025, and the plant will be operational in 2027.
What people are saying
In a recent quote, John Brett, CEO, ArcelorMittal North America, said, “We recognize the importance of creating a resilient, sustainable domestic supply chain for this critical material. We also greatly appreciate the support the project has received and would like to recognize Alabama Governor Kay Ivey and Secretary of Commerce Ellen McNair, as well as the Mobile County Commission and the Mobile Chamber for their backing, which not only advances our mission but also fuels economic growth in the greater Mobile region.”
Governor Kay Ivey added, “Iron and steel manufacturing put Alabama on the map as a key industrial leader more than a century ago. Today, ArcelorMittal’s $1.2 billion investment strengthens Alabama’s position as a leader in the steel industry. “While creating over 200 new jobs, this project will also bring tremendous economic benefits to our state and underscores Alabama’s commitment to supporting companies that drive progress and create opportunities for our citizens.”
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Investing in American manufacturing in 2025
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.