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Alabama-based Hanna Steel To Increase Production and Expand Product Line

Source: TCEDA Summary

Hanna Steel Corporation announced plans to expand its facility in the Tuscaloosa County Airport Industrial Park in Tuscaloosa, Alabama. The expansion project represents an investment of approximately $36.7 million and the creation of 26 new jobs. The investment will allow the company to increase production capacity and expand its product line in the steel industry. The project will improve the efficiency of tube production and enable the company to change its production sizes with minimal downtime. Hanna has operated in Tuscaloosa since 1991. The Tuscaloosa facility serves as the company’s southeast tubing operations. Hanna has invested more than $75 million in the Tuscaloosa facility since its initial location. Hanna Steel Corporation is still a privately held company with corporate headquarters in Hoover, Alabama. It provides ASTM standard structural and mechanical tubing both domestically and internationally. Hanna’s Tuscaloosa facility currently employs 174 people.