Midwest Steel and Aluminium is moving its operations to Rogers, Arkansas, USA in order to implement its $5.2 million expansion that will enable the company to double its space and hire 15 more people over its current capacity of 22 employees.
{alcircleadd}Midwest Steel & Aluminum is a leading metal service center and distributor specializing in Aluminum, Stainless Steel and Brass products. The company currently leases about 27,500 square feet at 9151 International Parkway in New Hope for its facility.
According to a media release from the Minnesota Department of Employment and Economic Development, Midwest plans to build a 55,000-square-foot office and distribution facility in Rogers over next three years. The company was founded in 1960 and since then it has been purchasing metal products from suppliers around the world and distributing around the U.S. market. Midwest’s customers are in the medical, aerospace, semiconductor, defence and automated packaging equipment industries.
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The project has received US$255,828 grant from DEED’s Job Creation Fund. The company will receive the funding once it has met investment and job creation commitments that it has made to the Rogers Economic Development Authority. The Job Creation Fund is a pay-for-performance program that provides funding to businesses and to be qualified for this grant, businesses must create at least 10 full-time jobs and make an investment of at least US$500,000.
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