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ThyssenKrupp Materials NA Opens Facility in Woodstock, AL



ThyssenKrupp Materials NA Coil Processing and Distribution Center in Woodstock, AL, began operations in January 2014.

ThyssenKrupp Materials NA, Inc. (TKMNA) recently opened a 100,000 sq. ft. carbon, stainless and aluminum coil processing and distribution service center in Woodstock, AL. TKMNA invested more than $15 million in the facility. Located just outside of the Birmingham metropolitan area, it currently employs 20 full-time positions. At full capacity, the facility will create nearly 45 full-time jobs.

The facility processes and distributes carbon steel, stainless steel and aluminum coil for TKMNA's customers across the southern United States. ThyssenKrupp Steel Services and Ken-Mac Metals, both divisions of TKMNA, occupy the facility. Currently, two cut-to-length lines and one 72" wide slitter process material through the facility. Poised for future growth, TKMNA's investment includes a surrounding property that will allow the facility to expand up to 250,000 sq. ft.

"The America's region is the second largest region in our international materials business and is a key area for investment and opportunity with the recent resurgence of manufacturing throughout the country," said Joachim Limberg, Chief Executive Officer, Business Area Material Services of ThyssenKrupp AG. "This new facility is key to our global strategy and establishes a great, customer-focused location in the heart of America's manufacturing region."

"We are very excited for our company to grow in Alabama," said Hans-Josef Hoss, President and Chief Executive Officer of ThyssenKrupp Materials, NA, Inc. "This is an ideal location to strengthen TKMNA's footprint because the region has shown impressive manufacturing growth in recent years. The Woodstock facility allows for a much closer relationship with customers throughout the south and greatly enhances our supply chain effectiveness."

"ThyssenKrupp companies have been in Alabama for more than 14 years," said Torsten Gessner, President and Chief Executive Officer of ThyssenKrupp North America, Inc. "The opening of the Woodstock coil processing facility is a continuation of the great partnership between ThyssenKrupp and the State of Alabama."

To mark the opening of the facility and its commitment to Woodstock's community, TKMNA has donated two scholarships to the AlabamaGermany Partnership scholarship fund. Local students pursuing careers in manufacturing will be eligible to receive the scholarships.

"Our primary business focus is to provide the best service to our customers. A cornerstone of this philosophy is to develop strong relationships with our customers, suppliers, employees and the communities where we operate," said Terrence Mulholland, Vice President, ThyssenKrupp Steel Services. "Encouraging local students to pursue careers in manufacturing is an investment for our company, our community and our customers."

For more information contact:

ThyssenKrupp Materials NA

22355 West 11 Mile Road

Southfield, MI 48033

248-233-5600

www.tkmna.com

ThyssenKrupp Steel Services

Distribution - Alabama

145 Integrity Drive

Woodstock, AL 35188

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