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<blockquote data-quote="tikkalover" data-source="post: 492014" data-attributes="member: 600"><h3>Iron company behind proposed Minot plant secures more funding</h3>MINOT, N.D. (KMOT) – A major iron company has taken the next step in the development of a future plant in Minot.North American Iron and its parent and affiliate companies secured an additional round of funding, according to a news release this week. The funding would go to the engineering and permitting process.The company wants to develop a facility in Minot that would take reclaimed iron ore stockpiles from Minnesota and convert them into pig iron in North Dakota.A spokesperson with the Minot Area Chamber EDC, which owns part of the land the plant would be built on, said North Dakota is an ideal location for the plant due to its business-friendly atmosphere and cheaper natural gas.The plant, which could break ground early next year, would create roughly 650 jobs for the area.Your News Leader will have more on the proposed pig iron facility project next week.</blockquote>

[QUOTE="tikkalover, post: 492014, member: 600"] [HEADING=2]Iron company behind proposed Minot plant secures more funding[/HEADING] MINOT, N.D. (KMOT) – A major iron company has taken the next step in the development of a future plant in Minot. North American Iron and its parent and affiliate companies secured an additional round of funding, according to a news release this week. The funding would go to the engineering and permitting process. The company wants to develop a facility in Minot that would take reclaimed iron ore stockpiles from Minnesota and convert them into pig iron in North Dakota. [B]A spokesperson with the Minot Area Chamber EDC, which owns part of the land the plant would be built on, said North Dakota is an ideal location for the plant due to its business-friendly atmosphere and cheaper natural gas.[/B] The plant, which could break ground early next year, would create roughly 650 jobs for the area. Your News Leader will have more on the proposed pig iron facility project next week. [/QUOTE]

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