Service Centers
Steel Warehouse set to invest $20M in Tennessee expansion
Written by Ethan Bernard
July 11, 2024
Steel Warehouse plans to expand in Jefferson City, Tenn., with an investment of ~$20 million.
The South Bend, Ind.-based service center and steel processor has bought the former Footwear Industries of Tennessee building, according to a press release from the Tennessee Department of Economic and Community Development.
The building in Jefferson City, ~30 miles from Knoxville, Tenn., will be retrofitted to accommodate its new purpose.
The project intends to create more than 70 new jobs with an investment of nearly $20 million in “innovative equipment, which will support their strategic partners in the construction equipment, agriculture, lawn and garden, and truck and trailer industries.”
“We are incredibly grateful to the Jefferson City community and our strategic partners for their unwavering support as we embark on this exciting expansion,” Ted Lerman, CEO of Steel Warehouse, said in the release.
Since starting in 1947, the company has expanded to 15 locations across the US, Mexico, and Brazil. Steel Warehouse serves various industries, including aerospace, agriculture, automotive, construction, energy, and transportation.
Ethan Bernard
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