TMS International (TMS) Awarded Two Mill Services Contracts Worth More Than $179 Million
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TMS International Corp. (NYSE: TMS) has secured two new mill services contracts totaling more than $179 million in revenue over the life of the contracts at expected production levels. Terms of the contracts vary between 10-15 years and are for a variety of outsourced services with new customers at steel mills in the United States and Mexico.
Both contracts are at greenfield sites and further expand the company's leading presence in the United States, where the company has on-site mill services operations in 57 of the United States' 115 steel producing mills, as well as the rapidly expanding Latin America region.
Both contracts are at greenfield sites and further expand the company's leading presence in the United States, where the company has on-site mill services operations in 57 of the United States' 115 steel producing mills, as well as the rapidly expanding Latin America region.
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