Exal Corp. scraps Youngstown expansion plan

Exal Corp. scraps Youngstown expansion plan

YOUNGSTOWN

An Exal Corp. expansion project in Youngstown will not move forward, a company spokeswoman said Wednesday.

The spokeswoman said the decision “has nothing to do with money.” Exal for about three years had considered whether it would move ahead with the construction of a $400 million project in the city’s Salt Springs Road Business Park.

The project was expected to add about 300 jobs.

The city received $4.3 million in November 2008 from the state to improve a 61-acre site at Salt Springs for Exal.

The money was used to purchase the property for $1.4 million from LaFarge North America Inc., which used it to mine slag, as well as to make major site improvements and install water, sewer, gas and electric lines.