JSW Steel USA Ohio, Inc. a subsidiary of JSW Steel Ltd. (India’s leading steel company and the flagship business of US $22 billion JSW Group), with over 750 employees in the United States, announced its plans to invest US$ 145 million in new projects to upgrade its manufacturing operations in Mingo Junction, Ohio.
JSW Steel USA aims to meet the demand for quality steel products that are “melted & manufactured in the US”. This is in alignment with President Biden Administration’s Buy America policies. The new investments were announced at the SelectUSA Investment Summit held in National Harbour MD.
Announcing the new investments, Parth Jindal, Director of JSW Steel USA said, “These new investments reiterate JSW’s commitment to a sustainable & green future. The operational upgrades being made at JSW Steel USA are a progresive step towards achieving our long term ESG goals. These investments & projects will help us in producing high quality ‘melted and manufactured in USA’ steel products required by our customers in the infrastructure and renewable energy sectors.”
Link to press release