Biz Buzz
By Jim Martin, Doug Oathout Erie Times-News staff bloggers
Welcome to Biz Buzz, our daily blog on all things business. Turn here for breaking news on the economy, local industry and area people engaged in the region's companies.   Read more about this blog.
 Phone: 814-870-1668
814-870-1698
Posted: October 11th, 2012
Gas-fired power plant planned in Lawrence County

There will soon be a new use, about 75 miles south of Erie, for the state’s growing supply of natural gas.

A New Jersey company plans to spend $750 million to build a natural gas-fired power plant in Lawrence County, according to a report in the Pittsburgh Tribune-Review.

County officials told the newspaper that LS Power plans to build on a former explosives manufacturing site that has been abandoned for more than 40 years.

The company, which has not sought tax breaks, expects to employ as many as 500 workers during two years of construction and then pay about $500,000 annually in local school taxes, company and county officials said.

“It’ll be tremendous. It is a big deal,” County Commissioner Steve Craig told the newspaper. “In terms of the footprint in its community, you’ll barely see it, you won’t hear it. Its emissions will be relatively low because it’s burning natural gas. … So the impact isn’t all that great. (But), the fiscal impacts will be really nice.”

Posted in: Uncategorized
Comments
No Responses to Gas-fired power plant planned in Lawrence County
Leave a Reply

You must be logged in to post a comment.

Switch to our mobile site