Gerdau Ameristeel (GNA) Approves Expansion of its Jacksonville, Florida Steel Mill
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Gerdau Ameristeel Corporation (NYSE: GNA) has approved the first two phases of the previously announced expansion of its Jacksonville, Florida steel mill. The total expansion project is planned to result in a melting and rolling capacity in excess of 1.0 million tons per year in rebar products.
"With this expansion, our Jacksonville facility will be positioned to serve needs not only in Florida but also in the greater Southeast and Southern regions of the United States," said Jim Kerkvliet, VP Sales and Marketing, Gerdau Ameristeel. Engineering, equipment procurement and subsequent construction will begin immediately.[SM]
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