Archived Story

Community can invest in region’s future

Published 12:00am Sunday, December 16, 2012

This letter is regarding the proposed iron/steel mill at Haverhill. The prospect of hundreds of good paying full time jobs for residents of Scioto/Lawrence Counties, including Ironton and beyond, is very exciting indeed.

And, if the mill is built, we can expect additional industrial/retail/etc., growth to grow up around it and here in our town.

Earlier this year, the leader of the project team told a prospective investor he has high confidence the project will go forward, eventually leading to 1,000 to 1,200 jobs following construction which will involve 1,500 jobs during that phase of the project.

However, to get it off the ground, they are still looking for seed money to pay up front costs and to show Columbus and Wall Street we are behind it down here.

There are two ways you can help:

(1) Join a few others by buying a $10,000 preferred share of stock carrying a 20 percent dividend. Call me at (740) 237-9211 to set up a meeting with the project team.;

(2) Donate any sum to the Scioto Foundation (marked “for steel mill project”), giving you a charitable deduction for your income taxes: www.sciotofoundation.org; Scioto Foundation, 303 Chillicothe St., PO Box 911, Portsmouth, OH 45662, Phone: (740) 354-4612, Fax (740) 354-1912].

Scioto County has raised nearly $200,000. Lawrence County only $40,000.

Please help with a donation or investment in the future of your children, grandchildren and our beloved hometown and county.

Paul Woods

Chairman

Ironton Port Authority

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