Regulatory press releases

SSAB opens new research and development facility in Iowa, USA

October 12, 2010 12:15 CEST
Today, SSAB opens its new Research and Development Facility located adjacent to the SSAB steel mill in Montpelier, Iowa, USA. This $11 million investment supports SSAB’s strategy to be a global leader in advanced steels.

The 25,000 sq. ft. facility houses some of the most cutting-edge testing, simulation and metallographic equipment in the world. A staff of thirteen SSAB research engineers and technicians provide their professional expertise to SSAB’s global product and process development.

“The new facility will improve our ability to service our customers further. As we respond to our customers’ increasing demands to address new technical challenges and product development, we solidify our position as a world leader in the supply of advanced high strength steels”, says Olof Faxander, President and CEO SSAB.

“The expansion of SSAB and the opening of this facility are testimony to the potential for growth for our steels,” said SSAB Americas’ President David Britten. “This facility symbolizes the deep roots we’ve planted in this community and we appreciate the support of our community stakeholders, the Iowa Department of Economic Development and the Muscatine County Board of Supervisors. With the opening of this facility, SSAB will continue to strengthen its position as a global leader in high strength steel.”

Olof Faxander, President and CEO of SSAB and SSAB Americas’ President David Britten, preside over the opening ceremony today together with Bret Mills, Director of the Iowa Department of Economic Development and Esther Dean, Chair of the Muscatine County Board of Supervisors.

Attachments

Related articles

Jun 19Regulatory press releases
Luleå
Fossil-free steel

SSAB has commenced preparatory work to build a new, state-of-the-art steel mill in Luleå, which will replace the current blast furnace-based production. Vattenfall Eldistribution has announced that...

Jun 18Regulatory press releases
Investors
Capital markets day

SSAB’s Capital Markets Day 2025 for investors, analysts and media representatives will be held in Oxelösund, Sweden on November 4, 2025.

Jun 13Other press releases
Sustainability
Oxelösund
Fossil-free steel

SSAB has signed an agreement to purchase high-quality automotive steel scrap from Volvo Cars’ Olofström production plant in Sweden to be recycled and used at SSAB’s mill in Oxelösund to produce...