1980 FIN – Andrews Wire Adding Nail Plant
August 26, 1980 FIN – Andrews Wire is adding a nail producing plant to its existing wire drawing facilities at Andrews, South Carolina. The plant is scheduled to begin operations in mid-1981 and is expected to generate $10 million a year in net sales.
Andrews Wire president Bobby D. Winchester tells FIN the nail plant will occupy a new building adjacent to the wire drawing plant and will cater primarily to markets located in the southeastern United States.
Winchester noted 66% of all nails in the U.S. are currently manufactured by foreign producers, primarily in Korea, Japan and Canada. “It is our intent to offer our regional market a domestic nail source at competitive prices.”
The nail facility, which initially will add 40 jobs to the Andrews area, will produce 200,000 tons of nails annually once full production is reached in early 1982.
Construction of the 42,000 sq ft building will begin later this year. The plant will operate continuously five days a week.
Andrews Wire, which operates a second wire drawing facility in Gallatin, Tennessee, annually produces 130,000 tons of steel wire and wire products.
Andrews, a part of Korf Industries Inc., can draw upon either Korf’s Georgetown Steel plant in Georgetown, S.C. or the Georgetown Texas plant in Beaumont, Texas, for its feel rod requirements. ©1980/2014 Fastener Industry News.
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