FOSTORIA, OH (Toledo News Now) - More than one million dollars is coming to Fostoria to clean up the old Thyssen-Krupp facility. City leaders hope it will entice new business, and bring jobs to the area.
The city has been awarded $1.1 million to clean up this area. The plant closed back in 2009.
The city partnered with the company that owns the facility for the grant. It was highly competitive- Fostoria is one of 10 communities in the state to receive the grant from the Clean Ohio fund.
The $1.1 million dollars will go towards asbestos removal inside the building, ditch work and removing contaminates in the soil.
When it closed, Fostoria lost 1200 jobs. Leaders hope this grant for cleanup will help the economy.
"From a city standpoint, we're looking to get 1200 jobs back into that building. This helps communities be able to market properties like this that are still in good enough condition where they could be marketed," said City Engineer Dan Thornton.
City leaders hope work will begin on the facility this fall, and they expect the cleanup will take a year to complete.