Corpus yodels with Austrian's Voestalpine $740M plantCorpus yodels with Austrian's Voestalpine $740M planthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=44082014-04-17T11:47:00Z2014-04-15T00:00:00Z

CORPUS CHRISTI - Voestalpine AG, an Austrian-based steel company, will break ground later this month on a natural gas-based direct reduction plant. The company plans to invest $740 million in the new plant which will employ 150 full-time staff and create approximately 800 construction jobs.

The plant that will produce hot briquetted iron, which is a primary material for raw steel making. This is the company’s largest foreign direct investment into the United States to date and a major step in achieving a low-carbon economy.

The project is expected to be complete by the end of 2015.

San Antonio Business Journal
Corpus Christi
http://www.bizjournals.com/sanantonio/blog/morning-edition/2014/04/austrian-firm-to-invest-740-million-in-corpus.htmlRead more at {Source}

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