Clean energy possibilities include the addition of solar panels across what will eventually include 100 acres of land. Manufacturing facilities and buildings can be constructed to house PennDOT products including all type-A aggregates, cement, salt, liquid fuels, as well as many other bulk products. For the agricultural industry, lime and other fertilizers could be stored here. For the gas and oil industry, frack sand can be contained in these buildings.
The proximity of the Norfolk Southern lines and the vast expanse on the north west side of the property allows for the inclusion of a unit train that will be comprised of around 100 cars at a time. On the southern end of the property a Norfolk Southern spur already exists to handle smaller rail shipments.
According to a recent feasibility study, all of these efforts combined could create up to 3,000 jobs regionally.
Confident that we are bringing positive change to our hometown with a more comprehensive plan for the county and region, we are set to begin construction in early spring of 2015. Stay tuned to this page and site for updates as the Development of Sharpsville Furnace continues.
Strengths Of This Project
• Location and geography
• Permits and qualifications
• Local and regional support
• Size and length of our location
• Railroad and river frontage
• Two main lines of Norfolk and Southern run through the site as well as a current spur.
• Intermodal trans load unit train railroad siding potential
• Ownership into center of the Shenango River
• Keystone Opportunity Zone “KOZ”
• Favorable tax treatment and abatements
• Reserves
(a) SIGNIFICANT scrap iron and metal deposits
(b) Concrete and other masonry products
(c) Sand and gravel deposits
(d) Blast Furnace Slag deposits
(e) Clay deposits
(f) Asphalt
(g) Current inventory
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