Holcomb: Steelmaker’s Indiana Presence a ‘Magnet’

Officials have cut the ribbon on a wire rod and processing facility in Jeffersonville that Governor Eric Holcomb says could spur more global investment. South Korea-based POSCO (NYSE: PKX) is pumping $19 million into the operation at the Ports of Indiana – Jeffersonville, creating up to 60 jobs by year’s end. He says POSCO’s presence will open the door for the state to the "friends and suppliers" of one of the world’s largest steel makers.