BUSINESS DIGEST || Energy plant ground breaking set for June
Groundbreaking set
LORDSTOWN
A groundbreaking for the $890 million Lordstown Energy Center has been set for 1 p.m. June 6, Lordstown Village Mayor Arno Hill said Tuesday.
The electrical interconnection infrastructure for LEC will be designed/built by MJ Electric. Union labor will be employed on the site and peak at about 450-500 construction workers.
The plant will be fully functional in June 2018. Once completed, the new switch yard off Goldner Lane will be conveyed to FirstEnergy for its long-term ownership and operation. Electricity from LEC will be sold on a wholesale basis and meet the needs of more than 750,000 homes in Northeast Ohio.
Natural gas emanating from the Utica gas formation and piped to Lordstown will be the only fuel used at LEC. About 20 full-time workers will staff the facility when it is finished.
LMV applications
YOUNGSTOWN
Applications for the Leadership Mahoning Valley class of 2016-17 may be submitted through June 30.
The program provides community leaders with a general overview of the Mahoning Valley, an opportunity for increased understanding of key community issues and the potential to develop effective working relationships with other civic leaders.
Participants complete a nine-month program, which includes daylong sessions that focus on major community systems such as education, health, human service, heritage, government, justice, labor, business, poverty and diversity.
The tuition fee of $2,000 covers all program costs, including meals, admission fees and program supplies. Selected applicants will be billed for tuition. Applications may be requested by email at karen@regionalchamber.com or by phone at 330-744-2131, ext. 41. The LMV office is in the First National Bank Building, 11 Central Square, Suite 1600.
9 years in business
YOUNGSTOWN
Dean and Dawn Seifert are celebrating nine years in business with their Minuteman Press design, marketing and printing franchise at 3200 Belmont Ave.
They purchased a low- volume Minuteman Press franchise from another couple who retired, taking over the business in May 2007. Dawn came from the financial industry, and Dean has a sales background. By virtue of their hard work and following the Minuteman blueprint for success, their business grew and flourished every year over year.
ITC hearing
WASHINGTON
U.S. Sen. Sherrod Brown, a Democrat from Cleveland, testified Tuesday at a hearing of the International Trade Commission during a final determination hearing on anti-dumping and countervailing duties on cold-rolled, hot-rolled and corrosion-resistant steel flat products. The three cases were filed by U.S. steel companies, including U.S. Steel, AK Steel, ArcelorMittal and Nucor, all of which have Ohio locations and together employ more than 8,000 Ohioans.
The ITC will issue a determination this summer as to whether steel imports have materially injured or threatened to injure the domestic steel industry.
Staff/wire reports