Optimus Steel Beaumont
Large load · 100 OLD HWY 90 W, Vidor, TX
Optimus Steel's Beaumont, Texas mill is an electric arc furnace plant that produces wire rod, coiled rebar and billets. Operations there date to 1976, when Cargill ran the plant before Gerdau acquired it in 2004. Optimus Steel LLC agreed to buy the mill from Gerdau in 2018 for $92.5 million, and Global Energy Monitor lists the company as wholly owned by Aceros Turia Inc. The company's listed mailing address is in Vidor, Texas, while its own profile places the mill in Beaumont.
Overview
The Beaumont plant began operating in 1976 and was operated by Cargill Inc until 2004, when Gerdau acquired the plant, according to Global Energy Monitor. In 2018 Gerdau agreed to sell its Beaumont, Texas wire rod mill and two downstream facilities, Beaumont Wire Products and Carrollton Wire Products, to Optimus Steel LLC for $92.5 million. Trade coverage said the transaction was subject to regulatory clearances and was expected to close before the end of that year. Global Energy Monitor lists Optimus Steel LLC as 100% owned by Aceros Turia Inc.
Profile
- Products and melt capacity
- Optimus Steel describes its Beaumont mill as producing a wide range of high-quality wire rods, coiled rebar and billets. Trade coverage of the 2018 sale put the melt shop capacity at approximately 700,000 metric tons and said the mill is capable of producing both wire rod and coiled rebar. Global Energy Monitor records the plant's electric arc furnace nominal crude steel capacity as 750 thousand tonnes per annum in operating status. The plant's capacity is stated in tonnes of steel, so the sources give no electrical rating for the furnace or the mill.
- Address and location
- The supplier profile for Optimus Steel lists its address as 100 US-90, Vidor, TX 77662, while the same profile places the mill in Beaumont, Texas. Global Energy Monitor lists the plant at PO Box 3869, Beaumont, TX 77704,. The roster record for this site uses the Vidor address, and the two addresses describe the same operation in the sources reviewed. The 2018 sale covered the mill together with two downstream plants, Beaumont Wire Products and Carrollton Wire Products, so the operating unit was sold as a group.
Facility
- Activity
- Wire rod, coiled rebar and billets from an electric arc furnace melt shop
- Industry
- Manufacturing
- Site type
- Facility
- Operating status
- Operating
Related records
Timeline
- Feb 1, 2018
- Gerdau agreed to sell its Beaumont wire rod mill and two downstream plants to Optimus Steel for $92.5 million.
Gerdau Wire Rod Mill Sale to Optimus Steel