U.S. Forge Rings Announce Major Project in North Carolina
Last week, US Forged Rings, a major manufacturer of specialty steel products, announced plans for a major production facility in Hertford County. The company has three phases and plans to invest $875 million and estimates that 625 new full-time jobs will be created.
“This investment into the first two phases of our Hertford County, North Carolina facility will bring good paying jobs back to America, substitute imports, lower dependency on foreign suppliers, increase the resilience of the US economy, and help lower uncertainty in the costs and timing of building power plants and other critical infrastructure that the country very much needs,” said USFR’s CEO & President, Giacomo Sozzi.
US Forged Rights has a strategic partnership with Nucor and the new facility will be adject to Nucor Steel’s Hertford County steel processing facility. US Forged Rings is an integrated, one-stop-shop manufacture of specialty steal products and large-diameter steel fabrications. It is a privately owned company and a member of Sozzi family’s group of companies. Products include critical service fabrications, specialty tubular and forging used in power generation and industrial components.
What They Are Saying:
“It’s a great day for Hertford County North Carolina," said N.C. Senator Bobby Hanig. “North Carolina’s competitive advantages are many, from our friendly business climate to our world-class transportation networks offering convenient access to markets up and down the Eastern Seaboard. US Forged Rings’ decision today is a vote of confidence in northeast North Carolina and the hard-working people who call our region home.”
“I’d like to thank the many people and organizations that worked tirelessly behind the scenes to make today’s announcement possible,” said N.C. Representative Bill Ward. “We are honored that US Forged Rings selected Hertford County and North Carolina as the site for this major project, and we will continue to work hard to support the company as it establishes operations in our region.”
“Eastern North Carolina means business, and this announcement is great news for families throughout the region,” said N.C. Commerce Secretary Lee Lilley. “US Forged Rings appreciates our state’s commitment to match specialized training with the hardest working people in America to provide the skilled workers the company needs to succeed in today’s competitive business environment.”
