# North American Stainless announces $244M expansion in Kentucky

North American Stainless will invest $244 million to expand its Ghent, Kentucky facility, adding 200,000 tons of annual capacity and creating 70 new jobs.

- Type: Expansion
- Announced: 2023-01-26
- Where: Ghent, Kentucky, United States
- Value: $244.0M
- Jobs: 70
- Status: announced
- Capacity: 200,000 tons per year
- Products: stainless steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [North American Stainless](https://endata.com/companies/16318.md)
- [Acerinox S.A.](https://endata.com/companies/27584.md) (investor)

## Sources

- [northamericanstainless.com](https://www.northamericanstainless.com/2023/01/26/nas-announces-244-million-expansion/), 2023-01-26: "North American Stainless (NAS), the largest fully-integrated stainless steel producer in the United States, will proceed with a $244 million expansion to its Ghent, Kentucky facility."
- [nkytribune.com](https://nkytribune.com/2023/01/north-american-stainless-announces-plans-for-244-million-expansion-of-carroll-co-headquarters/), 2023-01-27: "North American Stainless (NAS) on Thursday announced plans for a $244 million expansion in Carroll County."

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