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Steel Warehouse to Open Facility in Hickory

Steel Warehouse, a steel service center with distribution, shipping, and processing capabilities, has announced that it will open a state-of-the-art facility in Hickory. The initiative will create 58 jobs with an investment of $27-million over the next four years, significantly enhancing the company’s presence and operational capabilities in the southeastern United States.

Steel Warehouse Company is a family-owned steel solutions provider and service center with a 75-year history in the steel industry. The company is headquartered in Indiana and operates 15 locations across the United States, Mexico, and Brazil. They distribute over two million tons of coil, sheet, and plate annually in hot- and cold-rolled materials. Steel Warehouse caters to the aerospace, agriculture, automotive, construction, energy, and transportation industries.

The new facility will be located at 2441 Highland Avenue N.E. in the former Appalachian Hardwoods building. The company plans to do significant work on the site, removing many smaller outbuildings while retaining and refurbishing 50,000 square feet of existing space. Steel Warehouse hopes to be at least partially operational in Hickory before the end of 2024.

A public hearing for local incentive consideration will likely be slated for March by the Catawba County Board of Commissioners and the Hickory City Council. In addition to the county and city, other key partners in the project include the Economic Development Partnership of North Carolina, N.C. Commerce, the N.C. Department of Transportation, the N.C. Community College System, Norfolk Southern, North Carolina Railroad, Duke Energy, and the Catawba County Economic Development Corporation.