US Forged Rings (USFR) plans to construct an offshore wind tower fabrication facility and a steel forging plant in the USA. The company intends to use these facilities to cater to the growing domestic offshore wind market.
Currently, the company is in the final stages of evaluating East Coast locations and expects to announce a decision soon. Once operational, the tower fabrication facility will produce 100 fully coated towers annually, including internally produced flanges. The facility is designed from its inception to be expandable up to 200 towers annually, depending on demand. The new steel forging facility will produce large flanges up to 40 feet in diameter. Upon securing all permits and regulatory approvals, construction of the facilities is expected to take 16-20 months, with the production of the first towers anticipated to commence in Q1 2026. The two facilities will create more than 500 full-time employment positions and require an investment of $700 million.
