Altex Tube LLC has released plans to locate a new manufacturing plant in Columbus, investing an estimated $110 million in the construction of the facility.
In addition to bringing 58 direct jobs to the area’s economy, the new plant is expected to specialize in manufacturing various sizes of black and pre-galvanized steel tubing using coil products produced by SDI.
The plant, which will be built on the Steel Dynamics campus in Golden Triangle Industrial Park, is set to begin construction this summer. Once the facility is complete, manufacturing will commence in mid-2023 with a second phase also set to begin the same year.
“As a Mississippi State graduate, I’m thrilled to be relocating back to Mississippi. Altex Tube is thankful for local and state support throughout this process of building a world class HSS and mechanical tube mill in the Golden Triangle,” President and CEO of Altex Tube, Zach Smith, explained.” Our new mill, supplied by MTM Spa, will utilize the latest technologies available to manufacture black and pre-galvanized steel tubing ranging in size from 1 inch to 6 inches square and 1.25 inches to 7.625 inches round, up to 48 feet in length and thicknesses ranging from .060 inches to .375 inches.”
The Mississippi Development Authority, Lowndes County, and the city of Columbus are also providing assistance in the project’s development.
“We are excited to welcome Altex Tube to the Golden Triangle and thank the company for the strong commitment to our state and local communities,” Governor Tate Reeves stated. “Bringing good-paying jobs and solid corporate neighbors to Mississippi is a top priority of our administration.”