On October 3, Munster Steel broke ground on its new $8 million plant in Hammond, Indiana. Jeanne Robbins, President, forecasts that the plant should be in operation in the 4th quarter, 2014. The 60 year old company is an industry leader in fabricated steel for bridges, infrastructure, buildings, and miscellaneous iron.
Recently, Munster Steel provided the steel that was used by Walsh Construction Co. in the construction of the new bridge that crosses the Chicago River at Wells Street in downtown Chicago.
Geoff Bryce and Bob Bramlette counseled Munster Steel in the transaction that involves a sale of the Company’s existing plant to a developer, tax credits and grants from State and local governments for the new plant, and the sale of Notes issued by the Town of Munster to fund the purchase of Munster’s current plant.
For more info, please click here to view the Northwest Indiana Times article.