JSW Steel USA to Invest US$ 110 Million in Baytown, TX Manufacturing Upgrade for Offshore Wind Energy Support
JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US$ 110 million in steel plate mill modernization projects with sustainable technology and state-of-the-art equipment within its manufacturing facilities in Baytown, Texas. This investment will enable the production of high-quality monopile steel plates to support the U.S. Administration’s new actions to expand offshore wind energy by deploying 30 gigawatts (GW) of offshore wind by 2030. The new upgrades at the Plate Mill support JSW USA’s long-term ESG initiative and decarbonization of the Energy Spectrum in the United States. The investments will define a Made in America specialty steel portfolio, significantly reducing U.S. import reliance in the infrastructure and renewable energy sectors.
Key Highlights
- JSW Steel USA to invest US$ 110 million in steel plate mill modernization projects in Baytown, Texas.
- Investments will enable production of high-quality monopile steel plates for offshore wind energy deployment.
- New upgrades support JSW USA’s long-term ESG initiative and decarbonization of the Energy Spectrum in the U.S.
- Investments will define a Made in America specialty steel portfolio, reducing U.S. import reliance in infrastructure and renewable energy sectors.
- Announcement made at the 10th SelectUSA Investment Summit hosted by the U.S. Department of Commerce in National Harbour, Maryland.