JSW Steel USA Plans to Invest at Least $119.4 Million to Bring New Jobs and Technology to Jefferson County Plant
Investment announced at 2023 Select USA Investment Summit includes jobs, equipment upgrades to serve new markets
Published: Tue May 02 2023
Company Name: JSW Steel USA
Site Region: Eastern Ohio
Industry Sector: FDI/Manufacturing
Company Profile: JSW Steel USA is part of JSW Group, which is based in India. JSW Steel is one of the top steel producers in the world.
Type of Project: Expansion
- Jobs committed: 26
- Jobs retained: 400
- Types of jobs: Manufacturing
Capital Investment: $119,400,000
JSW Steel USA (JSW) is looking to better serve the renewable energy market. To do so, it chose to upgrade its Ohio steel plant with new equipment and technology while creating new jobs. These investments and projects will help JSW produce high-quality “melted and manufactured in USA” steel products required by customers in the infrastructure and renewable energy sectors.
“JSW Steel’s continued investment in Mingo Junction demonstrates the company’s confidence to grow its global footprint with talent from Ohio. Choosing Ohio for this expansion brings good-paying jobs to Jefferson County while helping secure a stronger domestic supply chain for steel manufactured in the United States,” said Ohio Governor Mike DeWine.
The expansion, which is supported by JobsOhio and OhioSE, reflects JSW’s commitment to Ohio by investing in emerging markets and steel products that are in high demand. Ohio has always been home to the ingenuity and innovation that makes this state a destination for investment.
JobsOhio, Ohio Southeast Economic Development, Jefferson County Port Authority, and State of Ohio