Nufab Rebar LLC, which manufactures concrete reinforcing steel and related products, has broken ground on a new plant in Riverside.
The company plans to invest $6.9 million in the facility on its site just off the I-20 exit. It plans to hire 50 employees within the first three years, with expected growth to a potential of more than 80 employees over the next five years, which will make it the largest employer in the City of Riverside.
Because of the new jobs, the City of Riverside was granted a $1 million Industrial Access Grant from the Alabama Industrial Access Road & Bridge Program for infrastructure improvements, giving the company access to the adjacent railroad. In addition, grants for sewer improvements have been applied for and could indirectly provide new commercial opportunities for the City of Riverside along its interstate exit.
“All of us at Nufab Rebar are very excited to be building our new facility in the City of Riverside,” said Nufab’s Dennis Swinney. “The new facility will fabricate rebar for use in reinforced concrete construction projects throughout Alabama and its surrounding states.
We have worked very closely with Riverside Mayor Jessup, the Economic Development Council, St. Clair County officials and other city staff and appreciate the assistance and support that they have provided for this project.”
