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OPP has entered into a 7-year financing agreement with CIBC Bank USA. The credit facilities will be used to finance OPP's modernization and expansion projects: new slitting line, modernization of the pickling line, fleet additions, and various other equipment and process upgrades. The modernization program will broaden the product range and increase OPP pickling capacity to 650,000 tons per year and slitting capacity to 480,000 tons per year.
A new 22,000 Gallon raw acid tank has been put in operation at OPP. The new tank has been manufactured according to OPP specifications, installed on-site, and successfully launched in April 2021. This project is part of a company-wide critical infrastructure upgrade program. The new tank replaces the acid tank that served OPP for more than 25 years.
Ohio Pickling & Processing has placed an order for a Hi-Performance Braner/Loopco Shape-Correction Turret Head™ Slitting Line with Automatic Slit Coil Packaging. The new equipment will have capacity to efficiently process 35-ton x 72” wide hot rolled and cold rolled coil with ultra high-strength mechanical properties ranging to 290,000-psi (2000 MPa).
New fully automated coil entry equipment for Pickling Line is being prepared for installation on-site. The equipment includes a coil conveyor with inspection stand, uncoilers, peeler, and overarm, state-of-the-art drives, and controls - all to ensure precision feeding of the strip into the pickling tanks.
Ohio Pickling & Processing, Toledo, Ohio, is adding a new ultra-high-strength Braner/Loopco slitting line, the installation of which will be completed by the end of the first quarter 2022.
OPP ADDS NEW SLITTING LINE!
Expanding Our Fleet for your convenience
Ohio Pickling & Processing is pleased to announce our new house truck! This addition to our growing services provides reliable and consistent freight services for your ever-growing transportation needs. Please inquire about our competitive freight rates to all your freight lanes.
Please be informed that on October 5, 2020, all the assets and operations of Ohio Pickling & Processing (“OPP”) have been acquired by an affiliate of SNK Ventures, LLC (“SNK Ventures”), an investment company lead by a steel industry entrepreneur, Sergei Kuznetsov.
At Ohio Pickling & Processing, we’re committed to getting you the information you need...when and how you need it. From a cursory call to get the conversation started, to a comprehensive quote to pinpoint all the pertinent particulars, we’re here to answer any and all of your questions.
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