Valbruna Slater Stainless, Inc. (VSSI), a subsidiary of Acciaierie Valbruna of Italy, announced it will invest approximatively $28 Million in expanding its stainless steel and nickel alloys bars manufacturing capabilities in its Fort Wayne, Indiana, plant.
The company will install a new Remelting Furnace and new Peeling and Straightening lines, complemented by state-of-the-art Testing equipment. This expansion will strengthen VSSI’s position on the North American market with particular emphasis on the supply of high-quality stainless steel and nickel alloys bars to the Defense and Aerospace sector and is expected to add 15 to 20 new full-time manufacturing jobs.
“This expansion plan is a clear demonstration of our strategic focus on the US market and our renewed belief that this industry will continue offering opportunities for the companies, like Valbruna, that want to invest and remain fully committed for the long haul,” said Massimo Amenduni, President of Valbruna Slater. “We have continuously grown and created jobs in Fort Wayne, Indiana, for more than twenty years and we definitely maintain a positive outlook for the future.”
