MT. VERNON — — Local and state dignitaries were on hand Monday for a ribbon-cutting at the new location of Magnum Steel Works, Inc. on Shiloh Drive. The expansion project will allow the company to take occupancy in a 128,000-square-feet facility. The company was started in 2005 by Jim and Angela Czerwinski. Jim's brother, Johnny, is also an integral part of the business. Financing for the project was provided by Peoples National Bank and the Illinois Department of Economic Opportunity.