# Magneco/Metrel opens refractory products plant in Gadsden, Alabama

Magneco/Metrel opened a 100,000-square-foot production facility at the former Gulf States Steel site in Gadsden, Alabama, with an $8 million capital investment. The plant opened a year ahead of schedule and currently employs 20 workers.

- Type: New facility
- Announced: 2024-07-23
- Where: Gadsden, Alabama, United States
- Value: $8.00M
- Jobs: 20
- Starts operating: 19 Jul 2024
- Status: completed
- Products: refractory products, MetPump colloidal silica bonded monolithic refractory lining
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Magneco/Metrel](https://endata.com/companies/78781.md)

## Sources

- [abc3340.com](https://abc3340.com/news/local/alabama-etowah-county-magnecometrel-dedication-early-grand-opening-former-steel-mill-site-project-involved-an-8-million-capital-investment), 2024-07-23: "Due to the excellent support from the City of Gadsden, the Industrial Development Authority and the local supplier base, we were able to open a year earlier than projected."

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