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Article: United States : Corporate investments nearly $1B over past 2 years in Middletown.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Despite the economic downturn, Middletown has been home to nearly $1 billion in corporate investments and some of the largest projects to hit Ohio in the past two years.
The newest investment headed to the city is a $300 million combined cycle power generation plant to be built by Penn.-based Air Products and Chemicals, Inc. at AK Steel s Middletown Works. The new plant, to be constructed over the next two years, would capture waste blast furnace gas from the AK s blast furnace and process it to make steam and electricity to be used by the local mill.
The new investment is a boon for Middletown, which has struggled recently ...