THE FRANKLIN INVESTMENT CORPORATION

Iron and Steel Mills and Ferroalloy Manufacturing

Establishments in this category are primarly engaged in one or more of the following: (1) direct reduction of iron ore; (2) manufacturing pig iron in molten or solid form; (3) converting pig iron into steel; (4) making steel; (5) making steel and manufacturing shapes (e.g., bar, plate, rod, sheet, strip, wire); (6) making steel and forming pipe and tube; and (7) manufacturing electrometallurgical ferroalloys. Ferroalloys add critical elements, such as silicon and manganese for carbon steel and chromium, vanadium, tungsten, titanium, and molybdenum for low- and high-alloy metals. Ferroalloys include iron-rich alloys and more pure forms of elements added during the steel manufacturing process that alter or improve the characteristics of the metal.

Rolled Steel Shape Manufacturing

This includes establishments primarily engaged in rolling or drawing shapes (except wire), such as plate, sheet, strip, rod, and bar, from purchased steel.

Construction Machinery Manufacturing

Establishments in this category are primarly engaged in manufacturing construction machinery, surface mining machinery, and logging equipment.

Illustrative Examples:

Backhoes manufacturing
Bulldozers manufacturing
Construction and surface mining-type rock drill bits manufacturing
Construction-type tractors and attachments manufacturing
Off-highway trucks manufacturing
Pile-driving equipment manufacturing
Portable crushing, pulverizing, and screening machinery manufacturing
Powered post hole diggers manufacturing
Road graders manufacturing
Surface mining machinery (except drilling) manufacturing