JSW Steel USA (JSW), an Indian multinational, announced its plans to invest US$145 million in new projects to modernize its manufacturing facilities in Mingo Junction, Ohio, in accordance with President Biden’s Buy America program.
Ohio Governor Mike DeWine and local representatives were present when the news was made during the 2023 SelectUSA Investment Summit in National Harbor, Maryland. Don Graves, the deputy secretary of the U.S. Department of Commerce, was also there.
Parth Jindal, director of JSW Steel USA, commented, “These new investments reiterate JSW’s commitment to a sustainable and green future. The operational upgrades being made are a progressive step towards achieving our long-term ESG goals. These investments and projects will help us produce high-quality ‘melted and manufactured in the USA’ steel products required by our customers in the infrastructure and renewable energy sectors.”
Meanwhile, Governor DeWine said, “JSW Steel’s continued investment in Mingo Junction demonstrates the company’s confidence to grow its global footprint with talent from Ohio.” “Choosing Ohio for this expansion brings good-paying jobs to Jefferson County while helping secure a stronger domestic supply chain for steel manufactured in the United States.”
