Ferrous CAL Co. to Establish Steel Coil Facility in Gibraltar

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LANSING — Ferrous CAL Co., an affiliate of Ferragon Corp. and a provider of toll processing services for hot-rolled and cold-rolled steel with operations in Michigan, Ohio, Kentucky, and Mississippi, is establishing a new facility on an underutilized, largely vacant property in Gibraltar expected to generate a total capital investment of $50.2 million and create 100 jobs.

“This process line is the first of its kind in North America and produces ultra-high strength steels which are the steels that the new lightweight vehicles made in Michigan are demanding for future vehicle production,” says Ed Gonzalez, Ferragon Corporation president and owner.

Incentive assistance will allow the company to alleviate brownfield conditions on the property and complete the project including demolition, lead and asbestos survey and abatement, site preparation and infrastructure improvements. The city of Gibraltar has offered support to the project through the approval the brownfield work plan.

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