A $2.6 million investment in new manufacturing equipment will allow O’Neal Steel to expand capabilities of its Birmingham headquarters.
The investment includes the addition of a flat laser and press brake and will add six new jobs.
“This capital investment of $2.6mm allows us to strategically expand our first step processing capabilities, which includes one press brake and one flat laser. These additional machines will further support our growth into new markets through our flagship plant in Birmingham, Alabama,” said Tate Forrester, president and CEO of O’Neal Steel. “We are honored to have the opportunity to continue reinvesting back into the Birmingham community — as we have for the last 101 years.”
Founded in 1921, O’Neal Steel has 18 distribution centers throughout the country.
“O’Neal Steel could choose any existing company location, but we are elated that they have chosen to continue investing in Birmingham,” said Emily Jerkins Hall, president and COO of the Birmingham Business Alliance. “This commitment bolsters their long-term retention in our community and further strengthens our region’s capacity in serving original equipment manufacturing customers around the world.”
