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Fate of Closed Mingo Junction Steel Plant Still in Limbo
01/07/2013 - A rich and proud history of steelmaking may have come to an end for Martins Ferry, as the RG Steel plant sits quiet following its recent $2 million purchase by Quay Mull and Joseph N. Gompers, the Times Leader reports.
A rich and proud history of steelmaking may have come to an end for Martins Ferry, as the RG Steel plant sits quiet following its recent $2 million purchase by Quay Mull and Joseph N. Gompers, the Times Leader reports.
Belmont County Auditor Andy Sutak, a Martins Ferry native, said with the Marcellus and Utica shale natural gas industry burgeoning in Ohio and West Virginia, the land's location along the Ohio River - along with the nearby rail and highway access - should make it attractive to some type of drilling-related business.
A Thursday visit to the plant showed no activity at the facility. Following RG Steel's bankruptcy last year, the company liquidated the assets of the former Wheeling-Pittsburgh Steel Corp. A deed on file in the Belmont County Recorder's Office shows that Wheeling businessmen Mull and Gompers purchased the Martins Ferry RG site for $2 million.
Both Mull and Gompers have been unavailable for comment regarding their plans for the property...
Click here to continue reading this article from the Times Leader for further information about the former RG Steel facilities.
