Ironton has received $100,000 from the state to aid in the development of an industrial park within the city limits.

Tuesday, May 29, 2001

Ironton has received $100,000 from the state to aid in the development of an industrial park within the city limits.

In an announcement from Gov. Bob Taft, the city will receive the money through the State Appalachian grant to "assist in the acquisition and development of land for an industrial park." The grant, according to a state memo, is used to "provide state general revenue grants for economic and community development projects in Ohio’s Appalachian counties."

The city plans to purchase 40 acres of land located at the former Allied Signal site. The memo from the state said the land is an Environmental Protection Agency Superfund site that has been "cleaned and restored to meet residential standards."

The city will use the land to create the South Ironton Industrial Park which is expected to cost $376,000.

Ironton mayor Bob Cleary said the city is in the process of securing the land at the Honeywell site. Cleary said the city already has potential prospects looking at purchasing the property.

Cleary said the city was hoping to already have the land purchased but with General Electric’s recent acquisition of Honeywell, the sale is going slower. Cleary said his office is in contact with the company weekly and would like to have the land purchased within the next six to eight weeks.