New Life at Bethlehem Steel Site?

May 25, 2012 Updated May 25, 2012 at 7:05 AM EDT

By WKBW News

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May 25, 2012 Updated May 25, 2012 at 7:05 AM EDT

There could soon be new life at the Bethlehem Steel site. A report in today's Business First says Welded Tube of Canada is proposing a $47 million project that could include the construction of three buildings totaling 160,000 square feet. The plant would produce steel products for industrial tubing. The report says this new project could create 150 jobs and put manufacturing work back on the steel site. Local officials say they have presented an incentive package and aggressive sales pitch to Welded Tube.

220 construction workers are scrambling around the clock at the Hotel Lafayette. Next week, 1,500 business and civic leaders from WNY will tour the renovated site. A report in today's Business First shows how developer Rocco Termini spent $42 million to transform the former Hotel Lafayette from an eyesore to a showpiece. The Lafayette did host its first event, a Niagara University fundraiser, in April. Hundreds of other events are booked.

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