Cambridge, OH (USA) - In a week dominated by talk of closures and job losses locally, Guernsey County commissioners got some good news Wednesday during a meeting with representatives of Metallurg Vanadium.
"They came in to tell us about an expansion project at the plant over the next several years," said Commissioner Tom Laughman. "They are competing on the global market and as a result, they are building a couple of additions at the facility and upgrading some of the equipment."
The estimated $120 to $140 million expansion project is expected to be finished by 2012. Over the next four years, the expansion could create up to 40 new jobs at the plant on Route 209 south of Cambridge.
A message left with Hoy Frakes, senior vice president and general manager of the Vanadium Products Division, was not returned as of press time Thursday.
Metallurg Vanadium Corp. supplies a high-quality range of products and services for the metals, manufacturing, refinery and petrochemical industries.
The Metallurg Vanadium headquarters in Cambridge boasts advanced raw-material handling, strict environmental controls, in-house laboratory services to assure quality, and flexible packaging operations.
Its customers include steelmakers, foundries and steel recyclers of every size across the United States. The quality vanadium-based chemicals are used in the production of many other industrial, automotive and consumer goods.
"These are good paying jobs and benefits spread out over the four-year period that we need in this area," said Commissioner Steve Allen. "It's nice to get a little good news mixed in with the bad."
In the past week, local residents and elected officials have learned the Appalachian Behavioral Healthcare facility north of Cambridge is slated to be closed, resulting in an estimated 130 employees losing their jobs.
