Yellowstone Anticipates Q3 Restart at Girard Syro Plant
WARREN, Ohio – A manufacturer planning to restart operations at the former Syro Steel building in Girard intends to be operating there by the third quarter of 2023, an official with the company said.
Nicholas Coggins, assistant director of the Trumbull County Planning Commission, told commission members Tuesday that Yellowstone Industrial LLC, which is affiliated with R.G. Steel Corp. in Pulaski, Pa., is seeking to enter into an enterprise zone agreement with Girard that would provide the company with a 10-year, 75% abatement on property taxes.
Girard City Council approved the enterprise zone agreement Monday night.
Drew Skelley, controller with Yellowstone, said the plan is to have the building operational during the third quarter of this year. Both companies have submitted their applications and have informed the relevant school districts, Coggins told the planning commission.
Yellowstone is looking to recommission the hot dip galvanizing plant, he said.
“They’re going to invest between $6.8 million and $8 million in order to recommission that galvanizing plant,” he said.
They plan to hire about 25 people to galvanize materials used in highway safety.
“It’s been sitting for a long time,” Skelley acknowledged.
The agreement now will go to the Trumbull County Board of Commissioners, which will hold hearings May 24 on Yellowstone’s request and a proposed Community Reinvestment Area request by Steel & Liberty LLC. Steel & Liberty also is seeking a 10-year, 75% property tax abatement for its project.
Published by The Business Journal, Youngstown, Ohio.