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Kentucky steel plant to expand with $244M investment

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A Kentucky steel plant will expand its facility with a $244 million investment. The economic development project was announced by Kentucky Gov. Andy Beshear.

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A Kentucky stainless steel plant is spending $244 million to expand its facility in Carroll County, one of several economic development projects announced byNorth American Stainless will add space to its 4 million square foot plant and add 70 new jobs, Beshear said at a Thursday news conference. The company handles about half the stainless steel made in North American, according to its CEO, Cristobal Fuentes.

 

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