Strategic Development Group helps Sumiden Wire Products Corporation expand with a new PC Strand Manufacturing Plant in Dayton, TX
Strategic Development Group helps Sumiden Wire Products Corporation Expand with a new PC Strand Manufacturing Plant in Dayton, TX
Strategic Development Group (SDG), one of the nation’s leading corporate site selection consultants, recently helped Sumiden Wire Products Corporation select a site for a new manufacturing location for prestressed concrete strand (PC strand) in Dayton, TX. The 110,000 square foot facility will bring a capital investment of over $15 million dollars and provide 25-30 new jobs for the area. The facility is planned to start production in the first half of 2017 with a designed capacity of over 60,000 tons per year.
The new plant in Dayton will be strategically located close to key raw material suppliers and the robust Texas construction market. By installing new world class production equipment with an optimized plant layout and location, Sumiden Wire will be able to more effectively meet customers’ needs for high-quality and globally-competitive PC strand products throughout the Texas and Gulf Coast region. Once the new Texas facility is up and running in 2017, Sumiden Wire will have a total of three PC strand manufacturing locations: Stockton, California; Dickson, Tennessee, and the new Dayton, Texas location.
About Strategic Development Group
Strategic Development Group (www.StrategicDev.com), headquartered in Columbia, S.C., is a site selection, incentive negotiation, and economic development consulting firm, providing services for companies and communities worldwide. SDG has completed successful projects recently, in addition to working with Sumiden Wire. Recent examples include Commercial Metals Company’s steel mill in Durant, Okla. (300 jobs), Bridgestone Americas’ consolidated headquarters facility in Nashville, Tenn. (1,700 jobs), automotive supplier JTEKT’s new North American headquarters in Greenville County, S.C., and Indorama Ventures’ ethane cracker facility in Lake Charles, La. (125 jobs), and Bridgestone APM’s automotive seat foam facility in Niagara, NY (90 jobs).
About Sumiden Wire Products Corporation
Sumiden Wire Products Corporation was the first manufacturing investment in the United States by Sumitomo Electric Industries. The initial investment was made in Stockton, California in 1979 for the production of PC strand. An additional investment was made in Dickson, Tennessee in 1989 for the production of stainless steel wire. The Tennessee facility expanded its product offering to include PC strand for the eastern US market in 1997.