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Lt Gov in White Co Tomorrow for Economic Development Ceremony

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Indiana Lt. Governor Sue Ellspermann will be in White County tomorrow afternoon, joining executives from Magnetation, L-L-C, who in a joint venture with A-K Steel Corp., are celebrating the start of construction of its iron ore pellet plant in Reynolds. Magnetation plans to invest 350 million dollars to construct and equip a 400-thousand square-foot plant, creating approximately 100 new jobs by 2015. The facility, Magnetation's first in Indiana, will produce high-quality iron ore pellets, which is a critical raw material in the steelmaking process. The groundbreaking is scheduled for 2:30 EDT.
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