New steel facility to locate in Lowndes County

June 30, 2009

Neal Wagner -

 

About 65 jobs and a $25 million investment soon could be on its way to the Golden Triangle Industrial Park, members of the Lowndes County Board of Supervisors said this morning. 

 


Texas-based New Process Steel recently signed a memorandum of understanding with the Golden Triangle Planning and Development District outlining plans to locate a flat rolled steel manufacturing plant next to the Severstal steel mill off Airport Road in western Lowndes County. 

 


"We got a memorandum of understanding from New Process to proceed with the project," GTPDD Project Analyst George Crawford told the board Tuesday morning. "They will create 65 full-time jobs, and they will invest $25 million in the county." 

 


Lowndes County and Golden Triangle economic development officials are seeking a $1.6 million Community Development Block Grant to help fund the plant''s construction. If the grant is awarded, Lowndes County will provide a $180,000 match, bringing the grant total to about $1.8 million, Crawford said. 

 


"They are ready to start the project as soon as the grant comes through," Crawford said. "I will prep the application and get it out as soon as I can."