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Companies to locate in The Point

Two companies – Superior Marine Inc.

Tuesday, October 16, 2001

Two companies – Superior Marine Inc. and M&M Service Station Equipment Specialist Inc. – have entered agreements to locate in the Lawrence Economic Development Corporation’s commercial park, The Point.

Roger Haley, manager of The Point, made that announcement recently, saying the two tenants will make good partners with the 504-acre park and create about 40 new jobs.

LEDC executive director Pat Clonch called the agreements good news for the entire county, especially with the Liebert Corp. expansion nearing completion and two power plants in Hamilton Township getting closer to construction.

"I think we’re going to see some wonderful things happen at The Point, especially because of the intermodal transportation system," Mrs. Clonch said.

River, rail and road access is especially good, she said. For example, there’s more than a mile of access to the park along both County Road 1 and U.S. 52.

The LEDC will have a status report on the park available at Project Pride County Wide displays set for Wednesday, noon to 7 p.m. at the Grandview Inn in South Point.

Superior Marine, which has leased the riverfront area and dock at the park, is in the process of securing permits to begin barge operations, which should create 20 new jobs, Haley said.

The firm will provide stevedorings ervices and marine operations to complement services and facilitate product transportation on the river for tenants of The Point, he added.

Superior, established in 1979, is owned and operated by Dale Manns, and has current operations on County Road 1 in South Point.

M&M Services, a Kentucky corporation owned and operated by Marty A. Meyer, has purchased about 2 1/2 acres in The Point, and plans to create 20 new jobs.

The company will begin restoration of two industrial buildings on site within the year. It will offer installation and repair service for service stations, airports, concrete and asphalt construction, tank removal and cleanup of fuel spills.