Steel Mill @ Ormet Site Monroe County Ohio

Looks as if the Ormet site in Monroe County will house a steel mill, with beginning employment to be 60 and possible 300 jobs.    

http://www.theintelligencer.net/page/content.detail/id/626661.html

if you cannot read this link, go to Google and use the words:  steel mill Monroe county Ohio

the article you are looking for appeared March 2 in The Intelligencer.

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Permalink Reply by searcherone on March 12, 2015 at 7:24am

Monroe County Beacon states that name of company to produce the steel billets is V V Steel which will make steel billets from scrap steel.  Twenty jobs initially with a ramp up to 60 as machinery comes on line.

Also in article Hannibal Development Partners President Eric Spirtas says they are talking to midstream oil support businesses in the sand business, pipe business and manufacturing business for possibilities to locate at the former Ormet site.

Permalink Reply by Bluflame on March 16, 2015 at 9:45am

  Based on rock bottom steel prices and today's front page WSJ article about massive Chinese dumping of steel on the world market, it's hard to believe more steel capacity will be added any time soon! I wouldn't bet a lot of money that this plant will move forward in the current environment.

BluFlame

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