[CPEO-BIF] McLouth Steel site, Gibraltar, Michigan

[Lenny Siegel]

Redevelopment of former McLouth Steel plant site gets $2.2 million boost

By Associated Press 
Crain's Detroit Business (MI)
July 21, 2015


More than $2.2 million in loans and a grant have been awarded to help redevelop the site of the former McLouth Steel Corp. plant in Gibraltar, Michigan Department of Environmental Quality officials said Tuesday.

The funding for the Detroit/Wayne County Port Authority is for the Ferrous Cal Co. redevelopment project. The work at the plant includes removal of contaminated materials.

Ferrous Cal plans to invest $53 million to upgrade the plant, which has been idle for more than a decade, and property to produce steel for automotive companies in the region, Crain's reported in April. It will redevelop the former steel mill into a state-of-the-art facility for annealing, a process that involves heating metal or glass to increase its strength.

The company anticipates the new facility will create more than 100 new jobs.

…

For the entire article, see
http://www.crainsdetroit.com/article/20150721/NEWS/150729973/redevelopment-of-former-mclouth-steel-plant-site-gets-2-2-million

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
LSiegel at cpeo.org
http://www.cpeo.org