From the Indianapolis Star:
The nation's fifth-largest steel producer is expanding in Pittsboro, adding 50 jobs by 2013.
Steel Dynamics Inc. is investing $76 million to expand its engineered bar products division to include special-bar-quality steel bars. The Fort Wayne-based mill will be capable of producing 950,000 tons of SBQ bars annually, putting it among the largest single-site SBQ facilities in North America.
Steel Dynamics employs 3,100 workers at operations in 34 locations in 19 Indiana cities including Indianapolis.
The Indiana Economic Development Corp. offered up to $600,000 in tax credits based on the job creation plans.
http://www.indystar.com/apps/pbcs.dll/article?AID=2012204190391
