Riley: “Steel Mill On Schedule”

Governor Bob Riley Thyssenkrupp The Alabama State Governor took a tour of ThyssenKrupp's new Pinto Island Terminal today.

by Diana Lucio

Published: Thu, February 19, 2009 - 2:15 pm CST Last Updated: Thu, February 19, 2009 - 2:24 pm CST

It's still under construction but a Southwest Alabama company is already showing some economic promise.
Alabama State Governor Bob Riley toured ThyssenKrupp's new Pinto Terminal this morning.
The terminal was part of an 811 millon dollar incentives package that Alabama offered TK AG to build a new mill here.
Despite concerns of the economy taking a toll on the company's stainless steel production, Riley says the company's carbon has not been affected.
The terminal will solve a logistical problem of getting steel slabs to the steel plant in Calvert.
"We want to make sure that we are on course, that we are on time and everything we talked about this morning we're not only on time, if anything we are probably a little ahead of time,"Said Governor Riley.
The Pinto Island Terminal is scheduled to be completed in October. Production at the steel mill is set for spring of 2010.

WKRG.com » News Stream » Alabama

Video
Photo

Embed:

WKRG.com Related

News –› Alabama

News –› Mobile

Discuss this in the forum

Email to a Friend

Printer Friendly

Download Video

framkly Says:

Thu, Feb 19, 2009 at 10:07 pm

Did our state already give the $811 million to the steal mill? If so, and ThyssenKrupp doesn’t open on time or opens but not 100% would the state get a refund? Governor Riley must be concerned to visit the construction site and make a public report.