# Steel and Alloy Processing starts construction of new GBP 27M factory in Oldbury

Steel and Alloy Processing, a subsidiary of Gonvarri Steel Services, has begun construction of a new GBP 27 million factory in Oldbury, UK. The project will create about 150 jobs over three phases, with the first phase (50 jobs) expected to be operational by November 2017.

- Type: Expansion
- Announced: 2017-02-22
- Where: Oldbury, West Midlands, United Kingdom
- Value: $34.0M (27.0M GBP)
- Jobs: 150
- Starts operating: Nov 2017
- Status: under construction
- Products: steel processing for automotive
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Steel and Alloy Processing](https://endata.com/companies/19639.md)
- [Gonvarri Steel Services](https://endata.com/companies/17394.md) (investor)

## Sources

- [expressandstar.com](https://www.expressandstar.com/business/jobs-on-the-way-as-work-starts-on-new-ps27m-steel-plant-6289165), 2017-02-22: "Our main facility in West Bromwich is at full capacity and this significant investment demonstrates the confidence that our parent company, Gonvarri Steel Services, has in the UK business"

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