Algoma Steel Inc. has announced that it has entered into a partnership with SIAG (Schaaf Industries Corporation) of Germany to establish a wind tower manufacturing facility in Sault Ste. Marie, Ontario.
SIAG, through its Canadian subsidiary, will hold a majority interest in the limited partnership, SIAG Great Lakes LP. SIAG, a private entity based in Germany, is a supplier of wind towers for the European market, presently operating seven production facilities in France, Germany and the Czech Republic and accounting for over 13% of the European tower fabricating capacity. The partnership will operate a wind tower fabricating facility with two production lines on a section of property adjacent to the Algoma steelworks. With both production lines operating, the facility will have the capacity to produce 180 wind towers per year, beginning with over twenty employees and ramping up in parallel with production to finally employ approximately 140 people.