Premium Plate to Invest $20 Million in New Steel Processing Facility in Axis, Alabama

Steel processing company Premium Plate, a TF Warren company, will invest more than $20 million in a new purpose-built facility in Axis, Mobile County, Alabama. The project is expected to create 12 jobs over two years.

Expanded steel processing capabilities

The new manufacturing facility at 217 Salco Road will expand the company’s steel processing capabilities, including cutting, blasting, painting, beveling and rolling. Production is scheduled to begin in January 2027. Premium Plate supplies and processes mill-certified carbon, alloy and stainless-steel plate and structural steel for construction, oil and gas, power generation, pressure vessel, marine, transportation and tank manufacturing customers.

Chad Odom, General Manager of Premium Plate said:

“The new facility will significantly expand our steel processing capabilities, improve efficiency and provide the capacity needed to support our customers as we continue to grow.”

Regional impact

Bradley Byrne, President and CEO of the Mobile Chamber said:

“This investment expands the capabilities available to companies throughout our region, strengthens our local supply chain and further enhances Mobile County’s growing metals sector.”