Scioto County Commissioners are excited about the prospect of job growth in the county. So much so, they’re backing a huge bond issue to spur development. At Tuesday’s meeting, they touted recent industrial expansion.
$5 Million Expansion
Altivia Petrochemicals in Haverhill announced a $5 million dollar expansion of their current facility. The company said it will add 12 new jobs in addition to the current 137 employees.
Commissioner Bryan Davis said the county is an ideal place for heavy industrial companies. “I love what they said. It’s all about location, location, location, with river, roads, and rail.”
$300 Million Bond
The Commissioners are also excited about a proposed $300 million dollar bond issue for the buildout of the PureCycle recycling plant.
Davis said, ‘It’s up in Haverhill on the border between Scioto and Lawrence County. This has grown exponentially since the Southern Ohio Port Authority got involved with it.”
The Southern Ohio Port Authority is assisting in the bonding of the project. The commissioners are in the process of reviewing the resolution. Davis said, ” We need to make sure there is no financial risk for the county. This would be 100% PureCycle with the Port Authority. We accepted it on the face of it. We want our legal council to make sure that everything looks good. Last I heard, they are looking at a closing date in July for that bond.”
Last August, the Lawrence County Port Authority, signed off on a proposed $250 million dollar bond proposal involving the Southern Ohio Port Authority. Bonds are issued by the State of Ohio.
Ready To Grow
Davis said this is just the beginning. “We feel like in the next five to 10 years, working with our regional partners, we’re going to bring more businesses and jobs to our area. We’re working with our sanitary engineer and we’re working with Norfolk and Southern. I think this is going to be the catalyst to bringing great jobs and great news to our area.”
Commissioner Coleman said that while sometimes it appears as if not much is happening, that’s not the case. “You don’t hear a lot about it. But it’s constant. It’s behind doors.”
Davis agreed. “A lot of what they do is quiet because the people they work with value confidentiality.”