Steel of a deal: Austrian's Voestalpine gets EPA green lightSteel of a deal: Austrian's Voestalpine gets EPA green lighthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=38812014-06-18T12:27:00Z2014-06-18T06:10:00Z

LA QUINTA SHIP CHANNEL, PORT OF CORPUS CHRISTI - The Voestalpine Group has received its long-awaited greenhouse gas permit, clearing the way for the Austrian company to carry out plans to build a $740 million iron plant.

Voestalpine AG, an Austrian-based steel company, expects that the plant will employ 150 full-time staff and create approximately 1,400 construction jobs.

The plant that will produce hot briquetted iron, which is a primary material for raw steel making. This is the company’s largest foreign direct investment into the United States to date and a major step in achieving a low-carbon economy.

The project is expected to be operational by the end of 2015.

Corpus Christi Caller-Times
Corpus Christi
http://www.caller.com/news/building-our-future/growth/voestalpine-relieved-to-get-epa-permit_61717101Read more at {Source}

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