GIM to upgrade existing factory in Indiana

GIM Inc., a producer of steel and composite materials based in Louisville, Ky., has announced plans to invest more than $18 million to upgrade an existing factory in Scottsburg, Ind., for the production of load-bearing, modular structural panels that serve as an alternative to concrete in infrastructure and construction applications.

Construction is scheduled to begin in January. The company expects to add 135 jobs by the end of 2026.