Looking to increase its production capacity in the U.S., JSW Steel, the Mumbai, India-headquartered steelmaker, entered into an agreement with JSM International, Acero Junction Holdings Inc. and Acero Junction Inc. for acquisition of 100% shares of Acero Junction Holdings Inc., a Delaware corporation. The deal is subject to fulfillment of...
India's JSW Steel Invests $500 Million in Texas-Based Steel Mill
Mumbai, India-headquartered JSW Steel announced a $500 million investment into the expansion of a steel mill in Baytown, Texas. Governor Greg Abbott said that this move will add up to 500 new jobs at an average salary of $65,000. "The $500 million investment from JSW Steel to expand its operations in...