EL PASO, Texas (KTSM) – Vinton Steel, owned by Japanese company Kyoei Steel, broke ground on a major expansion that is estimated to create nearly 200 jobs at the plant and create nearly $18 billion in economic impact for the local economy over the next 35 to 40 years, officials said.
County and business officials are touting this as an historic project and one of the most significant business investments in the Borderland’s history
Monday, Aug. 25, local, state and community leaders gathered to break ground on what is being called Project V.
This project will modernize and expand the steel mill’s operations by more than 1.5 million square feet, officials said…