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April 26, 2015 3:04 AM ET

Metals and Mining

Company Overview of O&K American Corp.

Company Overview

O&K American Corp. manufactures cold heading steel wires and other steel products. It also provides heat treating services for metals. The company was founded in 1987 and is based in Chicago, Illinois. O&K American Corp. operates as a subsidiary of O&K Company Limited.

4630 West 55th Street

Chicago, IL 60632

United States

Founded in 1987

Phone:

773-767-2500

Fax:

773-767-4717

Key Executives for O&K American Corp.

President and Representative Director
Age: 46
Compensation as of Fiscal Year 2014.

O&K American Corp. Key Developments

Shinsho Corporation and Kobe Steel, Ltd. and Others to Establish Joint Venture in Mexico

Shinsho Corporation and Kobe Steel Ltd. have agreed with Metal One Corporation; Osaka Seiko Ltd; Mexico's Grupo Simec, S.A.B. de C.V.; and O&k American Corporation in the United States to establish a joint venture in Mexico to produce steel wire of cold heading (CH) quality. Called Kobelco CH Wire Mexicana, S.A. de C.V. (or KCHM), the new joint venture will process steel wire rod into CH steel wire for sale to automotive parts manufacturers in Mexico. CH steel wire is used to make automotive fasteners and cold-forged products. The company will be established in the Santa Fe Industrial Park in Silao, state of Guanajuato, Mexico. Total investment is anticipated to reach approximately USD 41 million (JPY 4.3 billion). KCHM will be capitalized at USD 11.9 million (JPY 1.2 billion). The joint venture will employee about 80 people when it reaches full production. Operations are to start at the end of 2015. The new plant, with a production capacity of 40,000 tons per year, will have wire drawing machines, pickling equipment and heat treatment furnaces.

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