Former Ormet Plant's New Owners Hint at Future of Facility - Beckley, Bluefield & Lewisburg News, Weather, Sports

Former Ormet Plant's New Owners Hint at Future of Facility

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HANNIBAL, Ohio - New details have emerged about the future of the former Ormet plant in Hannibal, Ohio as a new owner takes over.

Niagara Worldwide LLC says it is putting the plant on a clear path toward re-purposing. The company said it is working to determine global interest in the specialized facility.


Niagara Worldwide's president said the company has been contacted to consider operations like a "cold pour process" and an entire smelting reuse. There's even talk of venturing into the oil and gas arena.

(Related Story: Ormet No More as Sale Is Finalized, Remaining Employees Sent Home)

The company says a full resurrection of the plant would require new power, government backing and community support.