August 25, 2016 9:34 PM ET

Metals and Mining

Company Overview of North American Stainless, Inc.

Company Overview

North American Stainless, Inc. produces stainless steel in the United States. The company offers flat products, including cold rolled coils, cold rolled sheets, hot rolled coil/sheets, hot rolled plates, hot rolled treads, and hot rolled black coils; and long products, such as round bars, angles, wire rod coils, and reinforcement bars. It provides its products through sales representatives in California, Georgia, Illinois, Pennsylvania, Mexico, and Canada. The company was founded in 1990 and is based in Ghent, Kentucky. North American Stainless, Inc. operates as a subsidiary of Acerinox, S.A.

6870 Highway 42 East

Ghent, KY 41045-9615

United States

Founded in 1990

Phone:

502-347-6000

Fax:

502-347-6001

Key Executives for North American Stainless, Inc.

Chief Executive Officer and President
Vice President of Administration and Finance
Secretary to the Board and Director
General Manager
General Manager
Compensation as of Fiscal Year 2016.

North American Stainless, Inc. Key Developments

North American Stainless to Supply Stainless Steel Reinforcement Bars for Champlain Bridge

North American Stainless has received a contract to supply the stainless steel reinforcement bars for the new Champlain Bridge, from the community of Ile-des-Soeurs to Brossard in the Montreal metropolitan area, Quebec. The new bridge is part of the project called the New Champlain Bridge Corridor Project an 8.4 km long corridor, with improvements to the existing highway complementing the construction of the new bridge. The focal point of the project will be the 3.4 km bridge. Design and construction cost of the project is estimated at CAD 2.15 billion for the bridge with a total cost for the project estimated at CAD 4.2 billion. The design of the new bridge was the result of a collaborative process. An architectural review panel comprised of architect Poul Ove Jensen from Dissing+Weitling and local firm Provencher Roy developed the design in collaboration with Arup. The bridge design is a 500 metre cable-stayed bridge with a main span of 240 metres, with two viaduct type approaches. The bridge will carry three separate transportation corridors; each of these will be supported by its own steel superstructure. Both North and South corridors will have three lane highways with inner and outer shoulders. The North corridor will also include a 3.5 metre lane for pedestrians and cyclists. Furthermore there will be a center corridor dedicated initially to bus traffic that could be converted to light rail traffic at a later date. Ground breaking began in June 2015 and the bridge is expected to open to the public in December 2018. The new bridge will be built and operated as a public-private partnership (PPP) in which the private consortium will design, build, finance, maintain and operate the bridge and corridor for 35 years. Stainless Steel Reinforcement Bars was the option selected by Signature on the Saint Lawrence due to the harsh weather conditions of the region and the extensive use of de-icing salts that have been major factors in the deterioration of the current bridge with extensive corrosion and degradation of the concrete. North American Stainless (NAS) will supply the project with approximate 15,000 MT of Grade 2304 Stainless Steel Reinforcement Bar produced in their Ghent, Kentucky plant. The shipment schedule will run from November of 2015 through 2016. The life expectancy of the new bridge will be of 125 years with the use of stainless reinforcement bar. This is well in excess of the 75 years mandated by the Canadian bridge design code.

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