YOUNGSTOWN — V&M Star Steel confirmed today that it is moving ahead with plans to build a “new state-of-the-art” rolling mill expansion project in Youngstown.
The company has considered the $970 million expansion project for more than a year to be built near its current facility on Martin Luther King Jr. Boulevard in Youngstown.
A new facility would employ about 400 workers in addition to V&M’s current mill that employs 450.
The company will provide more details at a 3 p.m. news conference at the DeBartolo Stadium Club on the Youngstown State University campus.
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Comments
Happy President's Day! Let's just hope that Melfi and Williams don't mess this up and turn it all into an April Fools joke.
This is great news.
This is a great day for the Mahoning Valley!! $1 billion tickets dont come by very often!
By the way, where are all the naysayers?
Traficant...say bye-bye to the 16th.
The Obama stimulus package paid for the expansion of the railroad line that made this project possible. All of you who posted over and over that this would never happen, comments please.
"The Obama stimulus package paid for the expansion of the railroad line that made this project possible. All of you who posted over and over that this would never happen, comments please."
Gee, another trillion or so dollars and the stimulus will have paid for itself.
This is such excellent, excellent news. Good work, Mayors Williams and Melfi, and thanks to Tim Ryan and Senator Brown for their help in this, too. Finally some new jobs for the area. This will be so good for so many families who are out of work right now.
Lots of credit to go around: The Mayors finally worked together, tim Ryan and Sherrod Brown helped push the stimulus money to the state; Ted Strickland used the stimulus money to support the project. Great day for the valley.
Yes, this is great news for the people of our hard-pressed area. All's well that ends well, but a year ago this project was very, very much in doubt because of downright stupid actions by local politicos who are now taking undeserved credit for this decision by V&M management to expand here. At today's press conference those same politicos were invited to speak only as a courtesy and were cautioned to keep their remarks very brief. Their small minded bickering over the course of the past year must have made V&M seriously consider relocating this project. Fortunately V&M took a long view for a long-term major investment. So, to those wise decision-makers in Europe at Vallourec and Mannesmann, the people around here say Merci Beaucoup and Dankeschoen! You have jumpstarted our renaissance to reclaim the title of Steel City USA! Thanks. p.s. politicos: next time, just get out of the way.
Mayor Williams Great Job! May God Continue to Bless You, Your Administration, Youngstown, The State of Ohio, and the United States.
Very nice, hopefully more to come.
Ironic this is on the same day as USA Today has us rated as the 158 th worst place to live out of 162 cities,
Nice going. I don't live in the area anymore but am happy that some good news came your way. Hopefully, Forum Health can turn the corner and not hit the area with more bad news. Also, I hope the Chevy Cruz is a huge success and more workers can be added to Lordstown. Good luck to all of you good people up there.
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Lombardo... It does make sense. But Girard is a city not a township. But yes, I agree with you.
To all the naysayers, leave Youngstown. The city doesn't need individuals with narrow minds.
Go us!