New Millennium Building Systems, a division of Steel Dynamics, Inc., announced Tuesday afternoon the expansion of its Hope product line with the launch of a new metal deck manufacturing operation here.
The announcement made late Tuesday afternoon by Michael Purifoy, sales manager for New Millennium in Hope, said the added product line will support new job creation in the South Central United States by adding new construction support in the region.
The initial phase of the operation will result in five new production jobs, plus related support staffing, according to the announcement. The company did not say whether it intends additional hires for the product line in the near future.
“New Millennium is a growing company,” Chris Graham, NMBS Hope general manager, said in the announcement. “The new deck lines represent our continued investment in progressive structural steel construction both in the south central U.S. and nationwide.”
The company announcement called the expansion “a goal of the company to revitalize and grow the production of facilities acquired by the company here in 2010.”
The expanded operations will include 36,000-square feet of renovated metal deck manufacturing capability, with the capacity to produce 14 different deck profiles and accessories in a 300 feet-per minute production process that will result in deck lengths of up to 40 feet, the company said.
Purifoy said in an e-mail announcement Tuesday that the new deck lines represent “a multi-million dollar investment that will increase our product lines, market presence and overall growth objectives.”
He said the new line is already in production.
“We started production on it last week, and Monday was the first official day; so, we are up and running,” Purifoy said.
He said the initial hires which the new lines represent should serve as the foundation for other hires in the future.
“This new product line gets us more competitive in the marketplace, and that can mean more tonnage to the mill,” Purifoy said.
Purifoy said the company will hold a public event Feb. 4 to allow the public to better understand New Millennium's operations and its local impact.
Hope Mayor Dennis Ramsey lauded the announcement.
“We're proud to have them here,” Ramsey said. “It's been in the works for a good while. We have gone from zero jobs out there to where we are today.”
New Millennium began production in Hope in October, 2011, after acquiring the assets of the former Commercial Metals Company here, following the closure of the CMC Joist product lines in Hope some two years earlier. The company has since hired 58 employees, with plans to hire up to 120 at the Hope facility, as demand dictates; and, New Millennium has already added some $4 million in upgrades to the plant.
At full production for the entire facility, New Millennium has projected more than an $8 million ultimate local payroll when completely staffed.
Page 2 of 2 - New Millennium is a wholly owned subsidiary of Steel Dynamics, Inc., of Butler, Ind.