(Toledo, OH) Plans are moving forward for a new iron processing facility in East Toledo.
Cleveland-Cliffs is asking the Toledo Plan Commission to approve its site plans for a 130-acre manufacturing center for its hot-briquetted iron processing facility, which will receive iron ore mined in Minnesota and Michigan and convert it to briquettes used in steel making.
The plans include improvements to the Ironville intermodal facility along the Maumee riverfront, including a rail connection and a raw material conveyor to be built over Front Street.
The company must complete land lease agreements and get right-of-way approval from Toledo City Council for parts of Randolph Street and Millard Avenue before construction can begin later this year.
The new $700-million facility is promising more than 130 permanent jobs and 1,200 construction jobs and is set to start production in 2020