Sunday, September 2, 2007

ThyssenKrupp Steel USA Announces Management Team

August 3rd, 2007 7:48 AM
As you may know, the majority of Alabama's GO Zone bonding authority was held back by the state of Alabama for a secret project. Once ThyssenKrupp publicly announced their decision to locate in Mobile County these funds were released back into the funding pot. You really have to respect a company sound enough to not want or need debt, no matter how favorable.
ThyssenKrupp Steel USA Announces Management Team for New Facility in Alabama
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AUGUST 2, 2007 – MOBILE, ALABAMA – ThyssenKrupp Steel USA, LLC, today announced that it has put into place its senior management team to oversee the carbon steel operations of the company’s $3.7 billion carbon and stainless steel processing facility planned for Calvert, Alabama. The team will be led by Robert P. Soulliere, who will serve as President and CEO of the company.
“We’re happy to name Bob as the President and CEO of ThyssenKrupp Steel USA,” said Erich Heine, member of the Executive Board of ThyssenKrupp Steel, based in Duisburg, Germany. “Throughout his long tenure with ThyssenKrupp, Bob has proven himself as a true leader. His appointment to President and CEO was an easy decision for our board to make.”
For 10 years, Soulliere has played a leading role in several companies within the ThyssenKrupp Group.
Most recently, he served as President and CEO of the ThyssenKrupp Budd Company, an automotive supplier based in Troy, Michigan. In 2004, he was named President of ThyssenKrupp Budd’s Body Sector, with responsibility for body stampings and plastics operations.
Soulliere said, “The team and I are excited to take on this challenging opportunity. Our new Alabama facility will position us to maximize our competitiveness in the North American market. In addition to being closer to our customers, we believe that this facility will also serve as a major economic driver in the South.”
Other appointments that were announced today are Thomas Woelker, Vice President and Chief Project Officer; Christoph Lackinger, Vice President of Technology; Dr. Markus Boening, Chief Financial Officer and Vice President; and Kai Mahnke, Vice President of Company Processes.
Other management positions, including the Vice President of Sales and Marketing and the Vice President of Human Resources, will be determined in the near future.
In May, ThyssenKrupp announced that it will build a new state-of-the-art carbon and stainless steel processing facility in Alabama. The facility will process carbon steel and stainless steel for high-value applications by manufacturers in the U.S., and throughout North America.
The new plant complex, which is expected to begin operations in 2010, is considered to be one of the largest private industrial development projects in the United States over the next decade. During construction, the facility is expected to create up to 29,000 jobs. When fully operational, the facility will employ 2,700 people.
Additional information can be found at http://www.ThyssenKruppNewUSplant.com, the project’s web site dedicated to sharing information with stakeholders and the general public.
The ThyssenKrupp Group, based in Duesseldorf, Germany, is a global technology company which consists of five business segments – Steel, Stainless, Technologies, Elevator and Services. The company has annual sales of approximately €47 billion (US$61 billion) and employs 188,000 employees in over 70 countries worldwide.
ThyssenKrupp Steel, based in Duisburg, Germany, is the holding company for the carbon steel activities of the Group. It is the largest single entity of ThyssenKrupp. Last year, it produced approximately 14 million metric tons of crude steel and generated sales of €10.7 billion (US$14 billion). This business segment is focused on high-quality carbon steel flat products and is one of the world’s leading producers, ranking second in Europe. The segment employs over 30,000 people. Its subsidiaries are active in processing, coating and steel services. Subsidiaries include Rasselstein GmbH, the world’s largest tinplate production site in Andernach, Germany, and Duisburg-based ThyssenKrupp Tailored Blanks GmbH, world market and technology leader in laser-welded blanks for the auto industry. ThyssenKrupp Stainless, also based in Duisburg, Germany, is the holding company for the stainless activities of the Group. It has achieved leading market positions worldwide in stainless steel flat-rolled products, nickel alloys and titanium. With annual sales of €6.4 billion (US$8.3 billion), the segment with plants in Germany, Italy, China, Mexico and the U.S. employs 12,200 worldwide.
ThyssenKrupp operations can be found in every state in the U.S. There are 70 ThyssenKrupp companies in more than 400 locations accounting for 25,000 employees and more than US$9.7 billion in annual sales. Through its predecessor companies, ThyssenKrupp has been part of the U.S. historical landscape for 170 years, dating back to 1837 when Alfred Krupp, founder of predecessor company Krupp, provided coin minting machine prototypes to the U.S.

Posted by Marion Laney on August 3rd, 2007 7:48 AM

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