Steel processing firm to expand at Ports of Indiana-Jeffersonville

The voestalpine Roll Forming Corp. (RFC) has chosen the Ports of Indiana-Jeffersonville for a major expansion of the company's steel processing operations.

The expansion calls for a new production line for frame rails, including more than $77.9 million in construction, equipment and other related services.

A supplier of roll formed metal, voestalpine RFC serves several industries, including aerospace, construction, material handling, off-highway, office furniture, solar and transportation. The firm is a subsidiary of voestalpine AG, a global steel and technology group.

“Our team is very pleased that voestalpine RFC has chosen Ports of Indiana-Jeffersonville for its new operations,” said Ports of Indiana CEO Jody Peacock in a press release. "Establishing the new facility adjacent to their current operations allows voestalpine to capitalize on the port’s multimodal connections, comprehensive logistics services and operational synergies, thereby strengthening their competitive edge.”
 
Based on the company’s job creation plans, the Indiana Economic Development Corp. (IEDC) will commit up to $2 million in incentive-based tax credits and up to $2 million in Hoosier Business Investment tax credits. The tax credits are performance-based, meaning the company is eligible to claim incentives once Indiana workers are hired.

The port's intra-port rail network includes local switching and connections to CSX, Norfolk Southern Railway and Louisville & Indiana Rail Road.