A new company that will produce a protective application for steel products will build an 8,000-square-foot plant near Old Fort in McDowell County and create 30 jobs.
XO.STEEL LLC will invest $350,000 over three years in the plant, which could expand to more than 24,000 square feet.
XO.STEEL, LLC is being established to produce an advanced surface application which prevents corrosion and protects mild steel.
Raw material will be processed, manufactured, palletized and shipped to end users globally. Operations will begin during the second quarter of 2014.
Welcome news for those that live around Marion and Old Fort.
Steel-related company to build plant in McDowell County
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