Steel Production Returns to Lackawanna

October 31, 2012 Updated Oct 31, 2012 at 7:35 AM EDT

By WKBW News

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October 31, 2012 Updated Oct 31, 2012 at 7:35 AM EDT

LACKAWANNA, NY (WKBW) - Steel production is returning to the former Bethlehem Steel site. Welded Tube USA has finalized plans to buy 45 acres at the Lackawanna site.

The company is a subsidiary of Welded Tube of Canada, which employs 600 at five sites in Canada. Company officials say they will invest approximately $50 million on the construction of a new facility that will house state of the art steel pipe mill equipment to supply pipe to the energy industry.

Welded Tube's investment will occur in three phases and could add 120 jobs. Phase one begins in February and production should start next summer.

Area ice rinks are big tourism draws. And in two years, the Buffalo Sabres Harbor Center is slated to open, complete with two ice rinks, a hotel, parking, restaurants and more.

A special report in this week's Business First shows how the Northtown Center in Amherst was an $18 million project that has exceeded expectations for economic spin-off. Hockey once took a back seat to other amateur sports bookings such as swim meets and soccer.

Now with the Harbor Center in the works, tourism officials say hockey and figure skating will dominate bookings.

You can read more in this week's Business First.