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Utica Midstream Development Much More than Talk

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Friday, September 21, 2012
By Dan O'Brien

YOUNGSTOWN, Ohio -- There’s talk of new companies relocating here. There’s talk of new jobs. And, there’s talk of new revenue streams for businesses that can supply and support an industry that stands to change the landscape of eastern Ohio.

What’s different this time is that for all the talk, there’s physical evidence that it’s happening – and happening very quickly.

“We’ve been working on grading the site, and that’s nearing completion,” says George Francisco, executive vice president at Houston-based M3 Midstream. M3 and its venture partners is beginning construction of a large natural gas processing plant in the tiny town of Kensington in Columbiana County. “The first phase will be finished and in service sometime in June.”

0s through the 1970s, Cadiz was a flourishing village,” Millicent recalls. “All the land that was once used for coal is now being used for oil and gas.”

Today, Millicent says, it’s hard to find available housing in the area. “Everything’s been gobbled up, and there’s talk of new investment such as new housing complexes and maybe a couple hotels.”

EDITOR'S NOTE: This story was first published in mid-September edition of The Business Journal. CLICK HERE to subscribe.
WATCH for a video version of this story on the Daily Buzz at BusinessJournalDaily.com.

 

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