03/28/2024
Great to see movement in the City of Middletown, Ohio - City Hall!
And the exciting news keeps rolling in Middletown!
Middletown's Rich Steelmaking History to Continue For Generations to Come with HISTORIC $2 Billion Investment at Cleveland-Cliffs (Middletown Works)! ๐
MIDDLETOWN, Ohio โ The City of Middletown is excited to see a massive economic impact from the recent Cleveland-Cliffs announcement regarding the $2 billion investment into Middletown Works aimed at reducing carbon emissions.
โThe City of Middletown is proud to be chosen as the site within the Cleveland-Cliffs organization to bring clean steel manufacturing into the foreseeable future,โ Middletown City Manager Paul Lolli said. โThe selection of the Middletown Works steel mill as the site of the hydrogen-ready furnace will continue Middletownโs rich steelmaking history for many generations to come."
The $500 million grant awarded by the United States Department of Energy to Cleveland-Cliffsโ Middletown Works facility will go towards a hydrogen-ready direct reduced iron plant and two electric melting furnaces that will allow the mill to maintain its existing raw steel production capacity of approximately three million net tons. The plant will have the flexibility to be operated by natural gas, which would reduce carbon emissions by 50 percent, or a natural gas-clean Hydrogen hybrid, which would reduce carbon emissions by 90 percent.
This process will reduce steel production costs that will amount to a $450 million annual savings for Cleveland-Cliffs, while also positioning Middletown Works as the most advanced, lowest GHG-emitting integrated iron and steel facility in the world.
Economically, the project will secure the existing 2,500 jobs at Middletown Works while also adding several hundred new jobs to the plant. The designing and building of the state-of-the-art manufacturing facility will bring nearly 1,200 construction jobs to Middletown during the construction phase.
This investment will allow the City to continue to grow a strong workforce with opportunities for Middletown residents to prosper. The construction of the facility will also allow Middletown to improve its public infrastructure capacity to support neighborhoods and the local economy.
Through this project, Middletown is identified as one of the regionโs largest manufacturing cities that is easily accessible to national and international customers and suppliers. As one of Ohioโs premier clean manufacturing hubs, Middletown is a great location for attracting more economic development and new talent.
Great things are happening in Middletown! Come be a part of it! ๐