Skip to content
Primary Menu
  • GEORGE V MAGAZINE
    • NEUBAUER ARTISTS
      • ACCOUNT
        • LOGIN
        • LOGOUT
        • PASSWORD RESET
      • GEORGE FOUNDATION
      • TRAVEL BOOKINGS
      • SUSTAINABILITY
  • NEWS
    • News
    • Politics
    • Defense
    • World
    • Sports
    • Crime
  • FINANCE
    • Business
    • Neubauer Invest
    • Real Estate
    • Economy
    • Technology
    • Ownerships
    • Sponsored
  • ENTERTAINMENT
    • Neubauer Studios
    • Beauty
    • Celebrities
    • Fashion
    • TV & Films
    • Music
    • Health
  • LEISURE
    • Lifestyle
    • Travel
    • Jewelry
    • Arts
    • Sexual Wellness
    • Gastronomy
  • ROYALS
  • MARKETS
    • MARKET NEWS & FOREX INDEX
    • MARKET RESEARCH
    • GLOBAL HEAT TRADE MAP
    • INVESTMENTS
  • LIVE SCORES
    • Champions League
    • Europa League
    • EUROPEAN LEAGUES
      • Premier League
      • La Liga
      • Bundesliga
      • Ligue 1
      • Liga Portugal
      • Süper Lig
      • MLS
      • Serie A
      • Super League Greece
      • Eredivisie
      • Allsvenskan Sweden
      • Divisjon Norway
      • Veikkausliiga Finland
      • Superliga Denmark
    • SOUTH AMERICAN
      • Liga Argentina
      • La Liga MX
      • Serie A Brazil
    • Saudi League
    • Russian Cup
Light/Dark Button
GEORGE FM
  • Business

Middletown City Steel Plant Investment Could Boost Local Economy After Other Plants Exited

Cleveland-Cliffs Middletown Works steel plant will receive a federal grant of up to $500 million to replace its coal-burning blast furnace with a hybrid unit that burns hydrogen and natural gas, a project that is expected to create 1,200 construction jobs and dramatically reduce carbon emissions. Cleveland-Cliff is investing $1.3 billion of its own money for the project.
Stefan Soesanto Published: March 30, 2024 | Updated: March 30, 2024 2 minutes read
poster_2b03f9667e2a417fb915e010db4a1f3c

Middletown City Manager Paul Lolli said this investment will allow the city to create a tax base to fund different city needs. He said at its peak, the city used to employ around 98 police officers and 92 firefighters. Those numbers have dropped in recent years. At its lowest, the city employed 65 officers and 64 firefighters.

Neubauer Artists LLC
Getting your Trinity Audio player ready...

Cleveland-Cliffs Middletown Works is getting a nearly $2 billion upgrade

A nearly $2 billion investment into the Cleveland-Cliffs Middletown Works plant could mean big business for the city.

Middletown City Manager Paul Lolli said this investment will allow the city to create a tax base to fund different city needs.

“Having this tax base allows the city to do what cities are supposed to do. It allows us to have strong infrastructure. It allows us to have a good public safety department,” Lolli said. “Since around 2008, public safety has taken a hit.”

He said at its peak, the city used to employ around 98 police officers and 92 firefighters. Those numbers have dropped in recent years. At its lowest, the city employed 65 officers and 64 firefighters.

Lolli said with the tax money they should be able to increase the city’s public safety workforce.

“It’s great for Middletown especially I mean the workers in the mill, you know, something happens in the mill they’re the first responders. First responders anywhere, they’re running in a house that’s on fire while everybody else is running out,” said Shawn Coffey, the plant workers union president for Local 1943.

Coffey is also excited about what this plant upgrade means for the surrounding businesses.

“Money in the pocket is money in the community, right? People work here, spend money here, it’s beneficial all the way around,” he said.

Lolli said a lot of businesses have moved out of the city in the last 50 years.

“Those paper plants are gone. ARMCO still went from a 7,000-employee steel mill to just over 2,500 right now,” he said.

Lolli and Coffey said this investment will keep people living in the city employed for years.

“Choosing Middletown Works as the place for this [hydrogen-ready] furnace, you know, it shows that the steel mill is going to be here for the next 5th, 6th, 7th generation of Middletown workers,” Lolli said.

“It gives people a sense of comfort, knowing that we’re going to be here for a long time. Currently, we have generations of employees that work out here,” Coffey said.

And, they’ll be doing that work in a more environmentally friendly way, Coffey said.

Lolli said construction is expected to start in 2025 and finish in 2029.

Share
Tweet
Share
Share
Share
Share
Share

About The Author

Stefan Soesanto

Stefan Soesanto

Mr. Soesanto is a Senior Researcher at the Center for Security Studies (CSS) at ETH Zurich. He leads the Cyberdefense Project and Head the Risk and Resilience Team.

See author's posts

Post navigation

Previous: Louis Gossett Jr., First Black Man To Win Oscar as Supporting Actor Dead at 87
Next: Neubauer NEOMAX Studios: Michael Douglas’s on ‘Franklin’ Benjamin Heads to France on a Diplomatic Mission

Author's Other Posts

Brent Crude Hits $116 A Barrel As Trump Threatens To ‘Blow Up’ Iran’s Oilwells And Export Hub original-size (1)

Brent Crude Hits $116 A Barrel As Trump Threatens To ‘Blow Up’ Iran’s Oilwells And Export Hub

April 4, 2026
Trump Seeks $152 Million To Reopen Alcatraz Notorious Prison Saturday-image

Trump Seeks $152 Million To Reopen Alcatraz Notorious Prison

April 3, 2026
Iran War Exposes The Risks of Being A U.S. Ally b8ac76ac-273a-42fb-9e9c-20e146f381bd_947d7b0c

Iran War Exposes The Risks of Being A U.S. Ally

March 13, 2026
Two Siblings: Korea–Japan, The Cultural And The Sustainability of Cooperation korea-japan-scaled

Two Siblings: Korea–Japan, The Cultural And The Sustainability of Cooperation

March 7, 2026

Related Stories

TransferGo
  • Business

Neubauer Corp. ‘TransferGo’ Closes $150M Series C Pursuing Accelerated Payments

Susan Kane April 4, 2026
EUROBANK
  • Business

Eurobank Chairman George Zanias Announces Dividend After 16 Years

Sylvia Klimaki April 4, 2026
20211007_100846
  • Business

Neubauer Artists LLC Announces Strategic Operating Framework Reflecting Shifts In The Global Entertainment Industry

Associated Press March 28, 2026
mercedes-vision-v-41-68067a9473bf6
  • Business
  • Lifestyle

Mercedes Presents EV Luxury Limousine “Vision V” [Photos]

Associated Press March 17, 2026
Salesforce_logo-e1672835031758
  • Business

Salesforce Forecasts $46 Billion Revenue

Stefan Soesanto March 11, 2026
sr-duke-energy-florida-2
  • Business
  • Technology

Duke Energy Partners With Brookfield Investment In Duke Energy Florida $87 Billion

Sylvia Klimaki March 5, 2026

You may have missed

dsc_0281_2.jpg
  • Royals

Sophie of Wessex Honors Prince Jorge V At The George Society New York

Christopher Luu April 12, 2026
ysl_dmi_fraw_libre_edp-fruitée_berry-crush-26_behind-the-scene_dua-eyes-closed-bottle-in-hand_second_attitude_square_3000x3000px_rgb
  • Beauty

Dua Lipa Libre Berry Crush Is A New YSL Floral-Fruity Fragrance

Marie Courtois April 11, 2026
DP_AR_CREME_26_GUERLAIN_EN NEW.pdf-image-015
  • Beauty

Abay Royale, The New Guerlain Eye Contour

Calin Van Paris April 11, 2026
fs_f89d64c9-9671-410e-a1e2-3aa5d76975a9
  • Celebrities

Gwyneth Paltrow’s Autumn Style Is Unmatched And ‘V-Steaming’ Is Perfect

Calin Van Paris April 11, 2026
  • NEUBAUER CORPORATION
  • WHO WE ARE
  • MEET THE TEAM
  • TERMS OF SERVICE
  • PRIVACY POLICY
  • REPRESENTED BY NEUBAUER PARTNER
All Copyright © 2026 All Rights Reserved.
George V Magazine
Manage Consent

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions. We are proud to be a Woman Owned Business, certified by WBENC.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}