# Gerdau plans $80M modernization of Monroe, Michigan steel plant

Gerdau Special Steel North America contracted Primetals Technologies to modernize its electric melting operation in Monroe, Michigan, with an $80 million investment to increase annual capacity by 180,000 tons to 720,000 tons.

- Type: Investment
- Announced: 2018-09-25
- Where: Monroe, Michigan, United States
- Value: $80.0M
- Status: announced
- Capacity: 720,000 tons/year
- Products: engineered carbon and alloy SBQ steel bars
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gerdau](https://endata.com/companies/16353.md)
- [Primetals Technologies](https://endata.com/companies/16384.md) (supplier)

## Sources

- [newequipment.com](https://www.newequipment.com/metal-forming/material-handling/article/21924228/gerdau-plans-80m-eaf-modernization-automation), 2018-09-25: "The order is part of an estimated $80-million investment for Gerdau."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
