“If you look at the end market for this product, it’s all in the northern U.S., and we sit on top of the Great Lakes at the Michigan border, immediately adjacent to and above the I-75 (highway),” Provenzano said. Add to that available rail and barge access at the Algoma Steel site, and the fact that the steel plant is already engaged in metallurgical processing, and the case was a strong one, he added. The start of construction on the facility is still at least six years away, but the city is already anticipating the economic bump the project will bring. Construction will require roughly 1,500 people, and when in full operation, the smelter could employ 300 to 500. Rory Ring, CEO of the Sault Ste. Marie Chamber of Commerce, said on projects like these, every dollar invested results in an economic multiplier of $3 to $5 in spinoff activity READ HERE
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