LORDSTOWN, Ohio (WKBN) – A Canadian-based company is moving forward with plans to build a new facility in Lordstown.
A groundbreaking is being planned for September, when aluminum-manufacturing company Matalco will begin construction of a remelt aluminum extrusion plant.
The company will invest more than $100 million to construct the 200,000 square foot manufacturing plant. At full capacity, the Lordstown facility will employ approximately 60-80 permanent, full-time personnel with annual production of 350 million pounds of various series, high-quality aluminum billet.
“The Matalco announcement has been a long time coming as the Chamber has been working with Matalco leadership for over a year and a half,” said Sarah Boyarko, the Chamber’s vice president for Economic Development, North America.”Securing this investment for the Village of Lordstown involved several economic development partners, including state and local officials. This is a big win for Trumbull County and further evidence that the Mahoning Valley’s economy is strengthening.”
Matalco officials made the announcement Monday night.