C.M. Steel Inc. Announces Operations in York County

January 30, 2009

Investment expected to bring 85 new jobs to the area

COLUMBIA, SC – January 30, 2009 – The South Carolina Department of Commerce and the York County Economic Development Commission today announced that C.M. Steel Inc., an affiliate of SteelFab, will locate its corporate headquarters in York County.  The $7 million investment is expected to bring 85 new jobs to the area.

“We are pleased to expand our presence in South Carolina and move our headquarters to York County.  The Palmetto State is just the right fit for our company and provides us with a positive business environment and a strong workforce.  We appreciate all the support we’ve received from state and local officials and look forward to continued success in South Carolina,” said Chris Thompson, president of C.M. Steel Inc.

C.M. Steel Inc. is a steel manufacturer for commercial and industrial buildings. The company is expanding its manufacturing operations and plans to relocate their corporate headquarters to York County.  Over the next five years, C.M. Steel’s project investment is estimated to total over $7 million.

“C.M. Steel specializes in miscellaneous and structural steel fabrication with a strong reach throughout the Southeast.  Their decision to invest in our state is a reminder that government does not create jobs, but can create the conditions that encourage or discourage job creation.  C.M. Steel’s expansion and relocation of its headquarters in our state is an encouraging indication that our business-friendly climate is working to attract new investment and grow existing businesses. We congratulate C.M. Steel on their growth and wish them continued success in the years ahead,” said Joe Taylor, Secretary of Commerce.

Mr. Houston O. “Buddy” Motz, chairman of York County Council said, “C.M. Steel’s consolidation of operations in York County certainly means more jobs and investment for our area, but also provides further proof that we have become a preferred location for new business location and expansion in the Charlotte region.”

C.M. Steel Inc. provides construction industry quality steel products and services at competitive prices.  As a low-cost producer, C.M. Steel Inc. is committed to maintaining the ability to respond to challenging markets. C.M. Steel Inc. is an affiliate of SteelFab, a leading fabricator of structural steel in the United States. The company specializes in steel fabrication, detailing, designing and building.