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Tuesday, October 26, 2010
Senator Morano Announces State Grant to Help Create Jobs
Columbus – State Senator Sue Morano (D-Lorain) is pleased to announce the Ohio Controlling Board has approved an $11,000 Rapid Outreach Grant for U.S. Refractory Products of North Ridgeville. The grant will help U.S. Refractory Products finance the acquisition of new machinery and equipment which the company says will lead to the creation of 40 new full-time jobs.
“This is an example of how we can continue to create jobs with just a small investment of public resources,” said Senator Morano. “I am pleased that one of our local companies has made a commitment to grow in our community. This is another positive step for Lorain County as we continue to rebound from this global recession.”
U.S. Refractory Products designs and manufactures heat resistant products used in the steel making and metals industries.
The Ohio Controlling Board provides legislative oversight over certain capital and operating expenditures by state agencies and has approval authority over various other state fiscal activities.