Pennsylvania-based metals company Ellwood Group plans to build a $60 million aluminum casting plant at a complex outside Youngstown, Ohio.
The Warren, Ohio, Tribune Chronicle reports that the new facility will be built near the company’s Ellwood Engineered Castings site in Hubbard, about 30 miles from its Ellwood City, Pennsylvania headquarters.
The approximately 70,000-square foot building is projected to produce about 150 million pounds of large round billets and slabs. Company officials said the investment would allow Ellwood to bolster its services in the aerospace forging, extrusion, plate mill rolling, and tool and die sectors.
Ben Huffman, the company’s chief operating officer, told the paper that the company was excited to bring “new jobs and opportunities” to the Mahoning Valley region. About 34 full-time positions are expected to be generated by the new plant within its first three years of operation.
The announcement followed a vote by Trumbull County officials to approve a 10-year, 60 percent tax abatement for the development.
The facility is expected to open in early 2020.
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