V&M supplier won't move to East Side

YOUNGSTOWN

A proposal to relocate a scrap-metal supplier to V&M Star to an East Side industrial area — and the $280,000 in cash the city was going to receive as part of the deal — is dead.

“It’s unfortunate we couldn’t come to an agreement,” said city Finance Director David Bozanich.

The plan was for Metalico Inc. to relocate from its property on Division Street extension, land V&M needs for its $650 million expansion, to the Ross Industrial Park on Albert Street.

But city council refused to support the move last month until it could hear more details. They were concerned about the aesthetics of Metalico at Ross and that the area is zoned light industrial and Metalico is a heavy industrial business.

In a Monday statement, Metalico, a Cranford, N.J., company, announced it “has elected to remain at its existing location permanently, but will proceed with plans to overhaul and upgrade” that site.

For the full story, read Thursday's Vindicator or Vindy.com.