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INTOCAST Announced a Major Investment for a Refractory Production Site in Tennessee
Ratingen (Germany) and Huntingdon, Tennessee (USA) – INTOCAST AG announced in March the construction of a new, state-of-the-art production manufacture of MgO-C refractories and materials specifically for the American market. For over 45 years, INTOCAST has been a recognized expert in refractories, the essential materials that helps shape the steel industry. The Tennessee plant is the latest example of how the company tailors its global strengths to meet the specific needs of the American steelmaking industry.
The new facility in Huntingdon, Tennessee provides excellent infrastructure and logistics capabilities, including river transport. The choice of location reflects the company’s strategic planning to leverage the area’s investment-friendly environment, ensuring a swift and efficient supply chain to meet the possibilities in the American market.
With an initial investment exceeding USD 20 million in Phase 1, INTOCAST USA is set to bring over 100 full-time jobs to the local economy within the next five years. The project’s Phase 2 is expected to even exceed the initial investment and introduce an additional 50 jobs, underscoring INTOCAST’s role in stimulating economic growth and attracting further investments to the region.
The new plant will boast an annual production capacity of 40 000 t of refractory material in Phase 1, with scalable plans for expansion. Embracing the latest technology, including robotics and Artificial Intelligence for process and quality control, INTOCAST USA sets a new industry standard. The facility will feature a low-emission furnace made in Germany, full integration of product waste into a 100 % circular economy, and state-of-the-art R&D and quality labs, illustrating an unwavering commitment to quality and environmental stewardship.
INTOCAST USA aims to foster strong community ties, particularly in supporting local education and workforce training. Through collaborations with local technical schools and international training programs, the company is dedicated to nurturing a skilled workforce comprising boiler makers, maintenance workers, robot experts, accounting and administration.
www.intocast.de/en