Sparrows Point Steel Making is History
"A century of steel making as we know it has come to an end" in Baltimore County, says County Executive Kevin Kamenetz.
The future of more than five miles of land in Sparrows Point no longer lies in in the steel mills. Owners of the former RG Steel plant plan to sell off a $300 million cold mill and eventually raze the buildings on the property, selling the remains for scrap. A second company that owns the land will end up being responsible for helping the county shape the future of the industrial land, according to County Executive Kevin Kamenetz. "A century of steel-making as we know it has come to an end," said Kamenetz during a Thursday news conference. Kamenetz said Hilco Trading which owns some of the buildings and equipment, "plans to liquidate every asset and bring the structures down to the ground." The announcement brings an end to the plant that …
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11:02 am on Friday, March 15, 2013
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