Ohio offering tax breaks for Matalco plant

Dec 02, 2013 | 02:22 PM | Michael Cowden

Tags  Matalco, aluminum, billet plant, Youngstown/Warren Regional Chamber, Sarah Boyarko, tax breaks, Michael Cowden

CHICAGO — Matalco Inc. may invest $92 million in a remelt aluminum extrusion billet facility in Lordstown, Ohio, according to Ohio economic development officials.

The Ohio Job Creation Tax Credit Authority has approved tax credits worth $450,000 for the Brampton, Ontario-based billet producer should it choose to build the plant in Lordstown. Matalco has already received a 10-year property....

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