Metallus to invest over $100M in steel plant expansion in Canton, Ohio

Metallus (formerly TimkenSteel) plans to invest more than $100 million to expand its steelmaking plants in Canton, Ohio, supported by $3.5 million in grants from JobsOhio. The expansion is tied to supplying the U.S. Department of Defense's munitions programs.

“We are grateful for the support from Team NEO, Stark Economic Development Board, and JobsOhio.”finansavisen.no

• 2 sources
• finansavisen.noMetallus Receives $3.5 Million in Grants from JobsOhio in Support of Planned Expansion of its Steelmaking Plants in Canton | FinansavisenRedaksjonenAug 7, 2024
• cantonrep.comDefense work leads to $100 million-plus investment at Metallus plantTim BotosAug 7, 2024

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