Steel Technologies LLC (Steel Technologies) announced an 80,000 sq. ft. expansion to its new greenfield facility in Smyrna, TN. The expansion will house coil-fed laser blanking capabilities, the most advanced combination of coil-fed automation and high-speed laser cutting for surface-sensitive metal blanking. Upon completion, the $36.6 million facility will total 163,000 sq. ft. for steel and aluminum slitting, conventional configured blanking and coil-fed laser blanking.

"We are excited by the opportunity to again expand Steel Technologies' footprint in Rutherford County," Destination Rutherford Chairman Bill Jones said. "Our partnership with Steel Technologies continues to be a testament of the ability of our community to meet the needs of industry. We wish Steel Technologies continued success."

This second phase expansion includes adding 80,000 sq. ft. and a dual-head laser-blanking line from LaserCoil Technologies that will be operational in the first quarter of 2018. "These capabilities will bring substantial flexibility and incredible value to our customer base," stated Randall Patterson, Vice President of U.S. Operations. "We have been working closely with customers in the region to expand our capabilities in line with their future needs."

"When industry succeeds, we all succeed," said Mayor Mary Esther Reed. "The Town of Smyrna congratulates Steel Technologies on the expansion news in Smyrna."

"Continued investment by the businesses already in Tennessee is important for the long-term health and success of our state's economy," Tennessee Department of Economic and Community Development Commissioner Bob Rolfe said. "We welcome Steel Technologies' plans to expand in Smyrna and create more high quality job opportunities for Tennesseans."

"TVA and Middle Tennessee Electric congratulate Steel Technologies LLC on its latest announcement and expansion in Smyrna," said TVA Senior Vice President of Economic Development John Bradley. "We are pleased to partner with the state of Tennessee, Rutherford County Chamber of Commerce, City of Smyrna, and Rutherford County to support existing business and industry growth."

Steel Technologies, headquartered in Louisville, Kentucky, is one of the leading steel processors in North America and leverages its broad geographic network of operations to deliver value-added products and services to customers. Steel Technologies processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for the automotive, appliance, lawn and garden, agriculture, construction, office furniture, hardware and consumer goods industries. Steel Technologies is owned as a 50-50 joint venture between Nucor Corporation, North America's leading manufacturer of steel products, and Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., a diversified global investment and service enterprise based in Tokyo, Japan. More information about Steel Technologies can be found at www.steeltechnologies.com.