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The funding was approved Wednesday by the Ohio Development Rail Commission.
“Just a few years ago, the railroad was considering eliminating rail service on this line, so this type of investment not only helps M&M Industries, but also helps to ensure continued rail service in the area for current and future businesses,” Matthew Dietrich, commission executive director, said.
M&M purchased the building in December with the intent of making it the company’s fourth manufacturing site in the U.S. The new track will enable delivery of rail cars of plastic pellets, a raw material used in the company’s manufacturing process.
rselak@tribtoday.com
LORDSTOWN A Chattanooga, Tenn.-based company investing $38 million here to remake the former Magna Seating Systems plant into a plastics facility is asking the state for funding to enhance railroad access at the site.
When the Ohio Rail Development Commission meets Wednesday, it will decide on a $100,000 request from M&M Industries Inc., which in December acquired 1702 Henn Parkway to be the company’s fourth manufacturing location in the U.S.
According to the company, the light manufacturing and assembly plant will “manufacture current and future innovations” for M&M. When the site is fully operational, it will employ about 100 workers.