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California Steel announces major expansion

Posted by Jack Stewart, President on June 6, 2007

Today, California Steel in Fontana, California announced a major expansion of its operations. CSI continues a long-tradition that helped make California one of the most efficient regions in the world in energy use, environmental technology and greenhouse gas emissions.

From Governor Schwarzenegger's press release:

"I would like to congratulate CSI for expanding operations, adding to our growing  economy and recognizing the importance of protecting the environment," said Governor  Schwarzenegger. "This is a terrific example of how a company can increase its bottom  line while moving to protect California's environment."

From the CSI release:

FONTANA, CA. – California Steel Industries, Inc. (CSI), the West Coast’s largest steel  manufacturer, today announced plans to increase total annual production capacity by a million  tons, through addition of a second reheat furnace with state-of-the-art environmental  technology.
In addition to the clean-burning natural gas-fired walking beam reheat furnace, the investment  also includes associated additional improvements in cooling water treatment and in slab  handling facilities, for a total capital investment of approximately $60 million.

It is almost impossible to grow an energy-intensive company in California today given the production costs and uncertainty around global warming policies.  CSI shows us that, even in this highly competitive global economy, a large manufacturer can at the same time help grow the economy and help the state lead the world on global warming policy. 

During the implementation of AB 32, the state should recognize the expensive past and future technology and innovation implemented at CSI and other manufacturing facilities.
   
The state's economy and global warming authority lives and dies on decisions like these, from companies like these.



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