NEW YORK BDM Warren Steel Holdings LLC plans to demolish seven buildings at its cold-mill facility along with the hot mill, just one year after the former RG Steel LLC operation was purchased in bankruptcy court.
The company has filed applications with Howland Township, Ohio, according to a company spokeswoman.
"For the seven structures on the cold side, demolition permits have been issued," she told AMM. "The redevelopment process will take over the next year and a halfthrough December 2014." The company has filed applications to demolish the hot mill as well and is likely to receive approval in summer 2014, she added.
RG Steels 1,200-acre Warren, Ohio, operation was purchased in a bankruptcy court auction in 2012 by Monaca, Pa.-based CJ Betters Enterprises Inc. through BDM Warren Steel Holdings (amm.com, Oct. 19).
Earlier this year, Northbrook, Ill.-based Hilco Trading LLC announced that its Hilco Warren LLC division was purchasing RG Steels steelmaking assets from BDM Warren Steel Holdings, saying it would do "everything possible" to find a purchaser for the facility that could operate the hot mill facility (amm.com, June 3).
Hilco has already handled other former RG asset sales, including the Sparrows Point, Md., plants bearings inventory (amm.com, April 17).
While BDM has received permission from Howland Township, only some 200 acres of the cold- and hot-mill property are in the township.
CJ Betters Enterprises, Hilco Trading and BDM could not be reached for comment.