BNET Industries
Last Fiscal Year Sales:$75.0M
- Private
- US
Dow Jones Description
Kentucky Electric Steel, LLC., ..... owns and operates a steel mini-mill near Ashland, Kentucky. As a mini-mill producer of bar flats, ..... that are produced to a variety of specifications and fall primarily into two general quality levels - merchant bar quality steel bar flats ("MBQ Bar Flats") for generic types of applications, and special bar quality steel bar flats ("SBQ Bar Flats"), where more precise customer specifications require the use of various alloys, customized equipment and special production procedures to insure that the finished product meets critical end-use performance characteristics. The Company is a leading manufacturer of SBQ Bar Flats for the cold drawn bar converter and truck trailer support beam markets.
President, COO, CFO, Vice President, Secretary, and Treasurer
William JessieNumber of Employees 374
Contact Information
2704 S Big Run RD
Ashland, Kentucky 41105-2119
1 606 929 1200
Peer Companies
NAICS Code Iron and Steel Mills: 331111
News & Analysis
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kentucky electric steel inc. - All News and Analysis
Kentucky Electric Steel Reaches Labor Accord
- 2008-05-05
ASHLAND, Ky. -- The United Steelworkers Local 7054 and KES Acquisition Co. dba Kentucky Electric Steel have reached agreement on a new labor contract. The new agreement was overwhelmingly ratified in a Sunday (May 4, 2008) vote and will take effect immediately. The 5-year agreement replaces the current contract which...
GE Commercial Finance Business Credit Provides Kentucky Electric Steel, LLC with $15 Million Credit Facility
- 2004-06-21
NORWALK, Conn. -- GE Commercial Finance, through its Business Credit unit, announced that it has financed Kentucky Electric Steel, LLC with a three-year, $15 million credit facility, which the company will use for working capital. With headquarters in Ashland, Ky., Kentucky Electric Steel, LLC recycles steel from scrap, a process...
Kentucky Electric Steel Makes an Announcement
- 2003-02-17
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Feb. 17, 2003 Kentucky Electric Steel, Inc. today announced that the Board of Directors had accepted the resignation of Jack Mehalko from his position as Interim Chief Executive Officer. The Company also announced that the Board of Directors has appointed William J. Jessie as...
Kentucky Electric Steel, Inc. Makes Announcement
- 2003-02-06
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Feb. 6, 2003 Kentucky Electric Steel, Inc. (Nasdaq:KESI) announced today that it filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Kentucky Ashland Division. Chapter 11 allows a...
Kentucky Electric Steel Makes an Announcement
- 2003-01-23
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Jan. 23, 2003 Kentucky Electric Steel, Inc. announced today that it expects to file for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code before the end of January, 2003. As reported on December 27, 2002, the Board of Directors requested that management...
Kentucky Electric Steel, Inc. Makes Announcement
- 2003-01-08
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Jan. 8, 2003 Kentucky Electric Steel, Inc. (Nasdaq:KESI) announced today that it received a Nasdaq Staff Determination letter indicating that the Company fails to comply with the market value of publicly-held shares requirement for continued listing set forth in Marketplace Rule 4310c(7), and that...
Kentucky Electric Steel, Inc. Makes Announcement
- 2002-12-27
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Dec. 27, 2002 Kentucky Electric Steel, Inc. (Nasdaq:KESI) announced today that its Board of Directors has instructed management to prepare and implement a plan to shut down the Company's production facilities. In the absence of a significant, near-term improvement in the Company's financial circumstances,...
Kentucky Electric Steel, Inc. Announces Interim CEO and President
- 2002-12-12
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Dec. 12, 2002 Kentucky Electric Steel, Inc. (Nasdaq: KESI) announced today that Charles C. Hanebuth, the Company's Chief Executive Officer, pursuant to his medical leave following back surgery, has relinquished his CEO duties effective today, until a long term solution to his medical problems...
Kentucky Electric Steel, Inc. Makes Announcement
- 2002-11-07
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Nov. 7, 2002 Kentucky Electric Steel, Inc. (Nasdaq:KESI) announced today that Charles C. Hanebuth, the Company's President and Chief Executive Officer, is taking a temporary leave of absence from his responsibilities as President of the Company. Mr. Hanebuth requested the leave of absence, effective...
Kentucky Electric Steel Contract Amendment Not Ratified
- 2002-10-21
Business Editors ASHLAND, Ky.--BUSINESS WIRE--Oct. 21, 2002 Kentucky Electric Steel, Inc. (Nasdaq:KESI) announced today that the United Steelworkers of America Local 7054 did not ratify the agreement that the Company reached with the union bargaining committee and that no further talks are scheduled. Mr. Hanebuth commented, "We are...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| William Jessie | President, COO, CFO, Vice President, Secretary, and Treasurer |
| John Scheel | General Manager |
| Brian Tipton | Sales Manager |
| Craig Weiss | |
| Dave Swint | Inside Sales Representative |
| Jerry Ross | Outside Sales Representative |
| Jill Lemaster | Inside Sales Coordinator |
| Joan Meredith | Outside Sales Representative |
| Louie Lattanzio | |
| Mike Owens | Outside Sales Representative |
| Noah Phillips | Outside Sales Representative |
| Rita Jackson | Inside Sales Coordinator |
| Steve Thompson | Outside Sales Representative |
| Tim Demma |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | President, COO, CFO, Vice President, Secretary, and Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Inside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Outside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Inside Sales Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Outside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Outside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Outside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Inside Sales Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Outside Sales Representative | Current |
| Organization | Position | Status |
|---|---|---|
| Kentucky Electric Steel, Inc. | Current |
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