Phoneix Metal to Construct Plant South of Dayton
Dayton Business Journal reported that Georgia based Phoenix Metals will relocate and expand its local operation with the construction of a massive facility south of Dayton. The USD 15 million project will create new jobs and allow the company to retain its current workforce. Phoenix Metals is constructing a 156,000-square-foot building at MADE Industrial Park in Middletown. This project will allow the metal services company to retain its current workforce of nearly 60 people and hire 20 additional employees.
Phoenix Metals has been at its current location at 1211 Hook Drive in Middletown since September 2008. With the relocation and expansion project, the company will invest USD 12 million to construct the new facility and another USD 3 million for equipment and soft costs.
A subsidiary of Reliance Steel & Aluminum Co, Phoenix Metals aims to create a bridge between primary metal producers and consumers. It fills custom orders and provides metal services such as plate cutting, sheet cutting, precision blanking, slitting, shearing, plasma burning and polishing. Founded in 1980 and headquartered in Peachtree Corners, Georgia, Phoenix Metals has 14 locations throughout the United States. It was acquired by Reliance Steel in 1998.