Metal solutions provider Marubeni-Itochu Steel America Inc. (MISA) plans to build an advanced flat-rolled steel processing plant in Osceola, Arkansas. The company expects the site to increase the production of steel for various industries, including automotive, across the South-Central U.S.
Marubeni-Itochu Steel currently operates five steel processing firms with seven locations in North and Central America. Operated by MISA Specialty Processing (MSP), the Arkansas plant will complement a similar business in the Michigan area. The company expects the $40 million project to create 35 jobs and begin operations in December 2027.
“MSP is thrilled to announce the opening of our newest coil processing facility in Mississippi County, Arkansas,” MSP President Chris VanDeventer said. “This region has a rich legacy of supporting the steel industry, and its values are very much in line with those we hold at MSP.”
MISA will locate the site adjacent to U.S. Steel's Big River Steel (BRS) mill. As an onsite facility for BRS, MSP’s new plant will contribute to the company's expansion of high-grade steel.
