Energy company proposes multi-million dollar plant in Lordstown - WFMJ.com News weather sports for Youngstown-Warren Ohio

Energy company proposes multi-million dollar plant in Lordstown

Posted: Updated:

LORDSTOWN, Ohio - A proposed multi-million dollar project, could bring jobs to The Valley along with an economic ripple effect, estimated to be in the billions.

Lordstown residents packed a village meeting, Monday evening. On the agenda was a presentation from Clean Energy Future, a Boston based company, interested in building a power plant along Salt Springs Road. The proposed plant would convert natural gas into electricity.

The President of Clean Energy Future, William Siderewicz, said the company is considering the Lordstown area because of several coal plants that have recently closed across Northeastern Ohio and Western Pennsylvania.

"They basically can't afford to adjust their own equipment to meet the new environmental standards, so rather than spend that money they've elected to shut down," said Siderewicz. "As a result there is a shortage of electricity and so the shortage happens to be in the area where these coal plants are shutting."

Siderewicz, said the regional Shale Boom is not a primary reason for selecting the area but an added bonus.

"In actuality we would propose this plant whether there was a Shale Boom or not, that fact that there is a Shale Boom is actually a bonus to the local community and the region because it's gas that might have otherwise come from Louisiana or Alberta, Canada," said Siderewicz.

If the project becomes reality, it would be an investment of about $800-million.

The project would generate about 550 constructions jobs, and about 28 permanent jobs.

Siderewicz said, the permanent jobs would have a total annual payroll of $3.2 million dollars plus benefits.

"Our plant should provide to the local community here in Lordstown almost $100-million of additional tax revenue," said Siderewicz. "That money would go to enhance the school system primarily. In most communities if the school is strong and growing and prosperous, property values in general go up."

Siderewicz also discussed the potential for an economic ripple effect.

"A project of this scale generates a ripple effect in a positive way of about $4 billion in the local community," said Siderewicz. "So if Lordstown doesn't want $4 billion in Northeastern Ohio that's there choice but that's really what's at stake."

Still, residents in attendance Monday night had mixed opinions.

"I think it's a good thing for Lordstown and I would like to see it go through, but of course everything has to be taken with caution," said Resident Donald Koches.

"All the truck traffic going into Salt Springs (Road), there is no in-or-out of there unless you come down Tod (Avenue,) run across Salt Springs (Road.) I think it's going to affect the community," said Resident James Gades. "Where are they going with all this traffic?"

"I'm not against, but I'm not for," said Resident Lee Rice. "I'm open to what they have to present and also the ability to do a little research and see what I can educate myself on, as far as the questions I need to know to ask to get the information needed."

Before the plant can become a reality, the Village must first rezone the proposed property from general businesses and residential to industrial.

Even then, there are several more steps that need to take place before the project is a guarantee.

"One of the issues people don't like is if we were to change the zoning then we cant change it back, and anything could go in there," said Lordstown Mayor Arno Hill.

The Village Council is expected to vote on the proposed rezoning at their May meeting.

 

 

 

 

 

  • More NewsMore>>

  • Laughter, tears as former first lady Barbara Bush remembered

    Laughter, tears as former first lady Barbara Bush remembered

    Sunday, April 22 2018 1:17 PM EDT2018-04-22 17:17:41 GMT
    (AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.(AP Photo/Evan Vucci). Mourners pause as former U.S. first lady Barbara Bush lies in repose during the visitation of former first lady Barbara Bush at St. Martin's Episcopal Church, Friday, April 20, 2018, in Houston.
    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.More >>
    As the outpouring of tributes continues for Barbara Bush, the general public can pay its respects to the former first lady.More >>
  • Mercer County proposes location for TJX center

    Mercer County proposes location for TJX center

    Sunday, April 22 2018 12:46 PM EDT2018-04-22 16:46:54 GMT

    Lordstown community members may have said no to the TJX HomeGoods Distribution Center but officials in Mercer County are saying yes. 

    More >>

    Lordstown community members may have said no to the TJX HomeGoods Distribution Center but officials in Mercer County are saying yes. 

    More >>
  • Spaghetti Dinner to benefit 4-year-old Struthers girl

    Spaghetti Dinner to benefit 4-year-old Struthers girl

    Sunday, April 22 2018 10:40 AM EDT2018-04-22 14:40:55 GMT

    The family Sabella family is hosting another benefit Sunday for their 4-year-old daughter, Nora.

    More >>

    The family Sabella family is hosting another benefit Sunday for their 4-year-old daughter, Nora.

    More >>
  • More From wfmj.comHot ClicksMore>>

  • Thousands sing 'Happy Birthday' to Queen Elizabeth II

    Thousands sing 'Happy Birthday' to Queen Elizabeth II

    Sunday, April 22 2018 3:56 PM EDT2018-04-22 19:56:34 GMT
    (Toby Melville/Pool Photo via AP). Britain's Queen Elizabeth raises her glass during speeches at The Queen's Dinner, during the Commonwealth Heads of Government Meeting at Buckingham Palace in London, Thursday, April 19, 2018.(Toby Melville/Pool Photo via AP). Britain's Queen Elizabeth raises her glass during speeches at The Queen's Dinner, during the Commonwealth Heads of Government Meeting at Buckingham Palace in London, Thursday, April 19, 2018.
    Queen Elizabeth II is marking her 92nd birthday with a star-studded concert in London.More >>
    Queen Elizabeth II is marking her 92nd birthday with a star-studded concert in London.More >>
  • 420's long, strange trip to pot holiday began in California

    420's long, strange trip to pot holiday began in California

    Sunday, April 22 2018 2:58 PM EDT2018-04-22 18:58:12 GMT
    (AP Photo/Eric Risberg). In this Friday, April 13, 2018, photo, the Waldos, from left, Mark Gravitch, Larry Schwartz, Dave Reddix, Steve Capper and Jeffrey Noel pose below a statue of Louis Pasteur at San Rafael High School in San Rafael, Calif. Friday...(AP Photo/Eric Risberg). In this Friday, April 13, 2018, photo, the Waldos, from left, Mark Gravitch, Larry Schwartz, Dave Reddix, Steve Capper and Jeffrey Noel pose below a statue of Louis Pasteur at San Rafael High School in San Rafael, Calif. Friday...
    Where are The Waldos? Not far from the San Francisco Bay Area high school where in 1971 the five buddies' search for a marijuana patch gave birth to the term 420, now the date for marijuana's high holiday and...More >>
    Where are The Waldos? Not far from the San Francisco Bay Area high school where in 1971 the five buddies' search for a marijuana patch gave birth to the term 420, now the date for marijuana's high holiday and universal slang for smoking weed.More >>
  • Trump says he doesn't think personal lawyer will 'flip'

    Trump says he doesn't think personal lawyer will 'flip'

    Sunday, April 22 2018 11:07 AM EDT2018-04-22 15:07:32 GMT
    (AP Photo/Mary Altaffer, File). FILE - In a Monday, April 16, 2018, file photo, Michael Cohen, President Donald Trump's personal attorney, center, leaves federal court, in New York. Federal prosecutors said they can give President Donald Trump's person...(AP Photo/Mary Altaffer, File). FILE - In a Monday, April 16, 2018, file photo, Michael Cohen, President Donald Trump's personal attorney, center, leaves federal court, in New York. Federal prosecutors said they can give President Donald Trump's person...
    President Donald Trump says he doesn't expect personal lawyer Michael Cohen to "flip" as the government investigates Cohen's business dealings.More >>
    President Donald Trump says he doesn't expect personal lawyer Michael Cohen to "flip" as the government investigates Cohen's business dealings.More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms