Author Topic: Toledo: Cleveland Cliffs iron ore plant  (Read 288 times)

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Offline KJP

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Toledo: Cleveland Cliffs iron ore plant
« on: June 15, 2017, 04:01:44 PM »
$700-million iron ore plant set for former E. Toledo industrial site
Cleveland-based company chooses area for its new iron processing facility
Published on June 15, 2017

A company that will employ at least 130 people making hot briquetted iron for the manufacture of steel in a $700 million development will locate on a vacant former industrial site in East Toledo, local economic development authorities announced today.

Cliffs Natural Resources Inc., headquartered in Cleveland, has selected for its new factory a site owned since 2008 by the Toledo Lucas County Port Authority, the company said, ending months of closely guarded negotiations over site incentives.

James Tuschman, chairman of the Port Authority Board of Trustees, said the site was chosen because of the availability of land, rail and highway access, a port, natural gas, and water.

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