Our Sites

Posco establishes operations in Indiana

Posco, a multinational steel producer based in Pohang, South Korea, has announced plans to build a wire rod processing center at the Port of Indiana-Jeffersonville, Ind., creating up to 60 high-wage jobs by 2018.

The $19 million project includes a 136,000-sq.-ft. facility, which will be the company’s second steel processing line and fourth production line in the U.S. The plant will process steel wire for fasteners, nuts, and bolts used in the automotive industry and serve as a distribution center for other Posco products.