en.Wedoany.com Reported - Steel service provider FabArc Steel Supply has signed a lease-purchase agreement with Turner Industries for a processing plant owned by Turner Industries in Decatur, Alabama. The facility spans approximately 29 acres and features over 60,000 square feet of processing space.

Under the agreement, FabArc will operate the plant on a lease basis with an option to purchase at the end of the lease term. Turner Industries will retain partial access to the facility as needed to support the execution of its existing contract projects.

As part of this expansion, FabArc has hired approximately 35 employees who will be responsible for the plant's processing operations.

Stephen Toups, CEO of Turner Industries, stated that after working from the Decatur office for several years, the company is transitioning to a flexible regional operating model. While the address in the area will change, the company will continue to support the industry and surrounding community in the same manner it has for over a decade.

Tom Adams, President and CEO of FabArc Steel Supply, said this opportunity allows the company to build upon its existing operations in Decatur while continuing to deliver high-quality processing services to its customers.

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