Cleveland-based Cliffs Natural Resources chooses Toledo for new - News, Weather, Sports, Toledo, OH

Cleveland-based Cliffs Natural Resources chooses Toledo for new iron processing facility

(Source: City of Toledo) (Source: City of Toledo)
TOLEDO, OH (WTOL) -

Congresswoman Marcy Kaptur announced that a Cleveland-headquartered company has chosen Toledo as a site for a new iron processing facility.

Cliffs Natural Resources has selected the Port of Toledo and East Toledo’s Ironville site as home for the company’s new Hot Briquette Iron processing facility.

While operational, the Cliffs Toledo facility will receive iron ore mined in Michigan and northern Minnesota and convert it into briquettes used in steel making.

The project will bring 1,200 construction jobs and more than 130 permanent jobs to the Toledo area.

“A big Toledo welcome to Cleveland-based Cliffs Natural Resources as it embarks on new corporate investment to serve the American steel-making market. When we set about to bring the Ironville site to economic reuse, we were driven by the potential for jobs in East Toledo. The confluence of a job-ready site and Toledo’s excellent distribution and transportation network helped to put the Toledo Port site over the top, attracting major investment and the jobs that will come with it,” Congresswoman Kaptur said.

The project will also bring a $700 million investment to the Toledo area.

Cliffs Natural Resources plans to break ground in early 2018, with the plan becoming operational in 2020.

Follow WTOL:  

Download our app here

Copyright 2017 WTOL. All rights reserved.

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • First Alert Forecast: Highs back to near 90° Thursday

    First Alert Forecast: Highs back to near 90° Thursday

    Mostly sunny skies will allow highs Monday through Wednesday to reach 80 degrees.

    More >>

    Mostly sunny skies will allow highs Monday through Wednesday to reach 80 degrees.

    More >>
  • 15 Cleveland recruits accused of cheating kicked out police academy

    15 Cleveland recruits accused of cheating kicked out police academy

    Wednesday, September 19 2018 3:52 PM EDT2018-09-19 19:52:44 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)

     An attorney representing 10 of them has filed a federal lawsuit and says the recruits didn't do anything wrong.

    More >>

     An attorney representing 10 of them has filed a federal lawsuit and says the recruits didn't do anything wrong.

    More >>
  • Man dies after being shot in leg on Macomber Street

    Man dies after being shot in leg on Macomber Street

    Wednesday, September 19 2018 3:41 PM EDT2018-09-19 19:41:10 GMT

    Toledo Police confirmed a man has died after being shot in the 1900 block of Macomber Street just before noon on Wednesday.

    More >>

    Toledo Police confirmed a man has died after being shot in the 1900 block of Macomber Street just before noon on Wednesday.

    More >>
Powered by Frankly